🚨 Gold Update: Bulls Eye $3,500 Again? 📈
08 Aug 2025
31 Jul 2025
✅ Natural Gas (NG) Price Forecast
Natural Gas (NG) is currently trading at $3.025, stuck below a strong descending trendline and the 50-EMA at $3.221 on the 4-hour timeframe. Additional bearish pressure comes from the 100-EMA at $3.340, which continues to slope downward.
A recent attempt to push above $3.115 failed, highlighting weak bullish momentum. If price sustains below $3.025, expect potential bearish targets at $2.962 or even $2.878.
🔍 Key Levels to Watch:
Resistance: $3.115, $3.221 (50-EMA), $3.340 (100-EMA)
Support: $3.025, $2.962, $2.878
📉 Bearish bias remains unless bulls can break and hold above $3.115 and the trendline. The market structure favors short opportunities unless momentum clearly shifts.
🧠 Trading Insight:
“This is not a market to guess—structure is king. Wait for clean rejections or breakouts. Bulls need $3.115 reclaimed or they’ll remain trapped.”
