The price of natural gas is going up BOTH in the short term and in the long term. These are the reasons:
1. The price of gas is moving in a range channel. 2 days ago, its bottom was reached and the price started going up again.
2. The current price of gas is one of the lowest EVER. This is a sign that it can rise A LOT in the long term (a few months).
3. Weather affects the price of gas. The explanation is that winter is coming and many people use gas for heating in the US, Europe, and Asia that are the biggest consumers. A higher demand means a higher price.
4. History shows that the price of natural gas rises almost every year and is the highest between November and February. Currently, it is among the lowest, which means that it will rise for sure and in a few months it can increase with 100% or even more.

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