Natural Gas Price Prediction for Next Week

Natural Gas Price Prediction for Next Week (17th - 21st November 2025)

NYMEX Natural Gas prices witnessed a strong surge of +10% during the week, marking a high of $4.81 and settling at $4.63. The rally was supported by robust global demand and changing weather patterns, fueling a short-term bullish move. Immediate support zones for NYMEX are placed at $4.20–$3.67, while resistance is seen near $4.92–$5.30. Further strength above the resistance could signal a continuation of the present bullish trend.

MCX Natural Gas extended its bullish momentum for the fourth consecutive week, making a high at 416.3 before closing at 400.5. The November contract trades firmly above all major moving averages, with the 20, 50, 100, and 200 DEMA at 378, 373, 362, and 357, respectively. This positioning confirms strong upside momentum and trend reliability in the near term. Support for MCX Natural Gas is situated at 389–373 (coinciding with moving averages and prior breakout zones), whereas resistance is anticipated at the 416–422 zone, recent highs that may cap immediate gains if buying momentum fades.

Open Interest (OI) declined by 9,000 lots on Friday, suggesting some profit-taking and reduction in speculative positions as prices approached key resistance. Technical indicators remain positive; RSI has shifted above 60 (currently 63.74), but is nearing the overbought threshold, urging caution around the 416–422 resistance band. Volumes have remained elevated, supporting bullish sentiment.

Overall, Natural Gas maintains a moderately bullish outlook, with traders advised to follow a buy-on-dips approach into established support while closely watching price behavior near the upper resistance band. Caution is warranted at these elevated levels given the open interest decline and overbought signals from RSI.

Gold Price Forecast for Next Week: Get the latest prediction for gold prices to guide better investment decisions.

Crude Oil Price Forecast for Next Week: Explore the anticipated price range for crude oil in the upcoming week.

Silver Price Prediction for Next Week: Stay informed with next week's forecast for silver prices to track market trends effectively.

Copper Price Forecast for Next Week: Prepare for the upcoming week with valuable insights into copper price movements.

Indian stock market prediction for next week

Prediction given by Technical Research Team - Choice