Natural Gas, Technical Analysis – H1

Natural gas opened with a significant gap down and tested the demand zone at 3,070, where a bullish market reversal signal had previously formed. In this context, a logical expectation is a gap fill toward the 3,125 zone, which would help confirm the development of a bullish structure.

Key Levels:

□ 3,070 (demand zone)

□ 3,125 (gap fill target)

Primary Scenario:

Rise to 3,125.

Alternative Scenario:

Consolidation within the 3,070–3,100 range.

Analyst Commentary:

In the current gas price environment, it is still premature to take large bets on opening the Strait.