Natural Gas Bull Run Continues Amid Tightening Global LNG Market
Natural Gas is entering an interesting phase as it continues to favor buyers. The longer-term fundamental outlook remains supportive due to growing demand for U.S. LNG exports, which is providing a stronger foundation for the market.
High domestic production and comfortable inventories remain short-term headwinds, but they are being gradually offset by tighter conditions across the global LNG market.
The H4 chart shows Natural Gas respecting its ascending trendline, with 270 standing out as the key support area. This level also sits near the unfilled gap below, making it an important zone to watch if another pullback develops.
As long as buyers continue to defend this structure, I expect the market to maintain its bullish path and gradually work its way back toward 283-288.