Daily Chart Overview β Strong Support at $3
Natural Gas is holding steady above a critical support zone at $3, after a pullback from the recent high near $3.60. This rebound signals buying interest near key support, and as long as NG stays above $3, the long-term trend remains bullish.
The broader support range between $2.70 and $3 has proven reliable. However, a breakdown below $2.70 would shift sentiment bearish and could open the way toward lower targets.
π Bearish Trigger: Break below $2.70
π Bullish Continuation: Hold above $3 and break toward $3.60+
4-Hour Chart View β Bullish Momentum Building
On the 4H chart, Natural Gas is consolidating between $2.90 and $4.70, forming a potential base structure. The recent bounce from $3 suggests growing bullish pressure, with buyers stepping in to defend key zones.
As long as NG trades above $2.90, the outlook remains neutral to bullish. A breakout above $3.60β$3.80 may trigger a move toward $4.50 or even $4.70.
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π₯ Natural Gas is bouncing off the key $3 level with bullish potential forming!
A break above $3.60 could launch a strong move toward $4.50+. Stay ahead with real-time setups from Gold Scalping Signals.
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