Natural Gas, Technical Analysis – H4

The asset continues its steady decline toward the key support zone at 3.060. The level of 3.090 may also serve as a temporary barrier, but both areas can be viewed as a single demand zone.

Key Levels:

□ 3.090 (intermediate support)

□ 3.060 (key demand zone)

Primary Scenario:

Decline toward 3.060, followed by an upward reversal.

Alternative Scenario:

Upward bounce from the 3.090 level.

Analyst Commentary:

Both levels are noteworthy, but as with any counter-trend setup, confirmation is essential before entering.