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Commodities

Natural Gas Futures Eye Next Move Ahead of Thursday Inventory Report

Guavy AI Editorial Team
Instruments
Natural Gas
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Natural gas futures are preparing for their next move as an important inventory report approaches on Thursday.

The market has seen two bearish reports and one bullish report so far in July, with price action indicating a likely continuation of the bearish trend.

The Natural Gas Futures chart shows significant monthly support around $2.50, but the daily and weekly charts have only minor support at current levels.

According to Trading-Capital10, a bullish signal would require a lower price to buy up the commodity.

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