Natural gas shows moderately positive momentum

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Anton Kharitonov

17.04.2026

Natural gas shows moderately positive momentum — Natgas above $2.63; sellers may return on rallies

The inability of natural gas bears to break support in the $2.57-$2.56 area triggered profit-taking on short positions, leading to a break above $2.63 resistance and a test of the $2.70 level.

The current recovery may attract renewed selling interest, with the $2.64-$2.62 range likely to be retested as support. A break above the current resistance would open the way for a move toward $2.73-$2.76, where sellers may also become active.

Overall, there is still no clear improvement in the broader technical picture for natural gas at this stage.

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