Natural Gas, Technical Analysis – H4

Natural Gas is preparing for a likely decline, with all necessary prerequisites in place. The price is approaching the key cluster at 3.34–3.35, where it has already shown signs of stalling. This indicates underlying weakness among bulls despite the currently strong-looking momentum. Once the reversal is confirmed by a downward impulse, sellers are expected to target the 3.060 area.

Key Levels:

□ 3.34–3.35 (key resistance / reversal zone)

□ 3.060 (primary downside target)

Primary Scenario:

Touch of the 3.34–3.35 zone, followed by a sharp downward reversal.

Analyst Commentary:

A high-probability setup. An additional positive factor for bears is the news from Qatar — a leading player in the global gas market — which has nearly restored its pre-war production volumes.