Natural Gas Prices Edge Up Ahead of Thursday's Inventory Report

Natural gas prices are showing signs of recovery as the commodity approaches its Thursday inventory report. The month of July has seen two bearish reports and one bullish report, with price action following a downward trend.

The EEX Natural Gas Day Futures (Aug 2026 D09) is currently trading at an uncertain level, with some minor support around current levels on the daily and weekly charts.

However, if Thursday's report comes in weak, these supports may not hold. As a result, Trading-Capital9 advises waiting for lower prices to buy up this commodity.

The major monthly support for Natural gas futures is around $2.50, which could be a potential target for buyers.