Natural Gas, Technical Analysis – H4
Natural gas continues its moderate decline within the bearish structure.
Natural gas continues its moderate decline within the bearish structure. The nearest targets for sellers are the strong support levels at 3.160 and 3.060.
Key Levels:
□ 3.160 (support)
□ 3.060 (support)
Primary Scenario:
Continuation of the decline toward 3.160 and 3.060.
Alternative Scenario:
Consolidation at current levels before the resumption of the downtrend.
Analyst Commentary:
Sellers maintain confident control with no signs of extreme volatility.
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.