Natural Gas Forecast for May 12, 2026
Natural gas has finally cleared the 3.00 level and is gradually moving toward the full margin level of the bullish margin cycle, currently in the 3.11–3.14 area.
We’re watching this zone for a reaction. If price breaks through, the next target comes in around 3.25 — a major call spread area, which also aligns with the 1.5 margin move.