Natural Gas (NGX2025) is trading around $3.36, finding support near the 38.2% Fibonacci retracement at $3.31 after a pullback from the recent $3.57 high.
The 4-hour chart shows prices holding above both the 50-EMA ($3.29) and 200-EMA ($3.28), suggesting that the short-term trend remains constructive as long as the $3.23–$3.20 support zone holds.
The RSI near 53 indicates neutral momentum — buyers are gradually regaining control but lack strong conviction.
⚙️ Key Levels
Resistance: $3.40 / $3.57
Support: $3.31 / $3.15 / $2.89
💡 Outlook Summary
The structure favors gradual accumulation, with bullish bias holding as long as the ascending trendline support remains intact. A break above $3.40 may push prices toward $3.57, while a drop below $3.31 could expose lower supports at $3.15 and $2.89.
📊 Bias: Neutral-to-Bullish above $3.31 | Bearish below $3.20
