Natural gas fell after an Energy Department report today showed that U.S. stockpiles rose more than forecast last week. Gas supplies gained 40 billion cubic feet in the week ended Aug. 20 to 3.052 trillion, the report showed. The number of rigs drilling for natural gas in the U.S. fell by seven to 985 last week.

Natural Gas yesterday we have seen that market has moved -1.47%. Market has opened at 186 & made a low of 181.3 versus the day high of 187.2. The total volume for the day was at 35110 lots and the open interest was at
20512.Now support for the Natural Gas is seen at 180.5 and below could see a test of 178. Resistance is now likely to be seen at 186.4, a move above could see prices testing 189.8.

Trading Ideas:

Natural Gas trading range is 178-189.8.

Natural gas fell after an report showed that U.S. stockpiles rose more than forecast

Natural gas looks to take resistance at 186.40 and support at 180.50

Gas supplies gained 40 billion cubic feet in the week ended Aug. 20