Natural Gas Prices Forecasted to Fall Further Amid Hedge Fund Short Positions

Natural gas prices are expected to fall further due to a net short position held by hedge funds, according to a TradingView post.

The author of the post notes that retail traders remain net long on natural gas, which could lead to a further unwinding of long positions as producers and leveraged funds continue with short hedging.

A potential decline of -12% is predicted over the next few days or weeks, with an untapped demand zone identified at approximately $2.36 since 2024.