Natural Gas Bull Run Continues Amid Strong US LNG Demand
Natural Gas is experiencing a bullish momentum that still has room to run. The longer-term fundamental outlook remains supportive, while the technical structure continues to favor buyers. One of the main factors supporting this outlook is growing demand for U.S. LNG exports, which provides a stronger foundation for the market.
Despite high domestic production and comfortable inventories being short-term headwinds, rising U.S. LNG export demand and tighter conditions across the global LNG market are keeping the broader picture constructive. The H4 chart shows Natural Gas respecting its ascending trendline, with 270 serving as a key support area near an unfilled gap below.
As long as buyers continue to defend this structure, the market is expected to maintain its bullish path and work its way back toward 283-288. In the short term, 270 remains the line that buyers need to protect, with 283-288 remaining in focus as the next upside target zone.