The next week’s outlook for natural gas (NG) prices is positive due to an anticipated increase in seasonal demand ahead of the heating season. However, gains between November 17 and November 24 are likely to be capped by record production levels in the United States and high volumes of LNG exports.
The approaching winter and lower temperatures historically push quotes upward. In the near future, weather forecasts will be the key driver for the gas market. Although NG storage levels are optimal for now, they may drop below the average figure by the end of 2025. This threat provides underlying support for prices. Meanwhile, the US keeps hitting new output records (about 107 billion cubic feet per day), limiting the NG rally. However, growing global demand and expanding US export infrastructure are creating a solid support base for quotes by reducing domestic reserves.
The rising energy needs of data centers (related to AI and cryptocurrencies) and the ongoing expansion of LNG export capacity play a long-term structural role in bolstering fuel prices.
Several technical indicators suggest that natural gas futures are showing signs of a bullish trend, which may indicate a continuation of the upside in the near term.
The overall recommendation is to buy natural gas. Profits should be taken at the level of $4.600. Stop Loss could be set at $4.100.
The volume of the open position should be calculated so that the potential loss (protected by a Stop Loss order) does not exceed 1% of your deposit. If your account balance does not allow opening a position of this size, it is better to avoid entering the market on this signal and wait for other trade options that meet low-risk criteria.
This content is for informational purposes only and is not intended to be investing advice.
