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Score
If You Had Traded on This Analysis…
Correct
XNGUSD
Short Entry 2.9900 2025-08-10 15:25 UTC
Target 2.7000 In 2 Weeks Fail 3.3000
Risk/Reward 1 : 1
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Final PnL
9.70%
P/L:
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XNGUSD
Correct
Stocks
Technical
1H
Analysis Predict Bear Market
Natural gas last week traded with swings, failing to trade beyond the 3.15-3.2 zone which was the critical resistance zone. The price is breaching below 3. The key number at 3 has been support since the last year or so; the 3 dollar zone has been a greater support. The next support zone is 2.94-2.92. Last week it mentioned that these levels 2.94-92 need to be taken to confirm the breakdown. The support at 3 is a critical number for Natural gas to break below. There is a huge gap towards 2.78. If natural gas trades below 3, and then 2.9492 zone, stay short for 2.78 that is the first target. The next targets are 2.6-2.62. Every drop is offset with a retracement. If you see a move beyond 3.2, that is the level which will confirm the next move towards 3.4 and in fact 3.6.
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