Read more
9:01 AM · 12 December 2022

Chart of the day - NATGAS (12.12.2022)

-
-
Open account Download free app

Beginning of the week on the markets has been rather calm so far. Indices from Asia-Pacific moved lower but scale of declines was moderate. Similar picture can be seen at the beginning of the European cash session. However, there is one market that is seeing extraordinary moves and this is US natural gas (NATGAS). NATGAS launched a new week with a massive bullish price gap and is now trading almost 9%, after trimming some gains. New forecasts pointing to colder weather in the United States in the days ahead are to blame. Price tested 7.00 resistance zone, marked with 61.8% retracement of the recent major downward move, at the start of trading but has failed to break above. A lot will now depend on whether bulls make another attempt and whether they succeed. A break above would brighten the outlook for buyers and could herald a move towards recent highs. On the other hand, it should be noted that 7.00 is a good technical spot for reversal and move back towards price zone ranging between 6.30 mark and 38.2% retracement.

Source: xStation5

12 February 2026, 7:03 PM

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure

12 February 2026, 4:41 PM

🚨Gold slumps 3% amid markets preparing for Chinese Lunar Year pause

12 February 2026, 4:19 PM

Cocoa falls 2.5% to the lowest level since October 2023 📉

12 February 2026, 4:08 PM

NATGAS muted amid EIA inventories change report

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits