Fibonacci Level

September natural gas futures are holding slightly higher, but price action remains trapped inside the prior session’s range as traders weigh heat-driven demand against stubbornly strong storage. The market’s next direction may hinge on whether buyers can break resistance near $2.840 or whether another bearish storage signal revives downside momentum.

Gold is pressing higher as buyers defend the rebound after Tuesday’s rejection, with CPI now set to determine whether momentum extends or stalls. A move through $4,435.25 would reopen the upside path, while a break below $4,356.70 could expose a wide support gap.