Natural Gas (NG) is trading at $2.057, up 0.14%. The 4-hour chart shows a pivot point at $2.04, indicating a crucial support level. Immediate resistance is at $2.11, followed by $2.17 and $2.24. On the downside, immediate support is found at $1.99, with further support at $1.95 and $1.91.
The 50-day Exponential Moving Average (EMA) stands at $2.16, and the 200-day EMA is at $2.37. The outlook remains bullish above $2.04; however, a break below this level could trigger significant selling pressure. Traders should monitor these key levels closely.
