NGAS

US natural gas futures have found support from the decline in stocks and have made a recovery. This recovery is being followed as a correction following the decline that started at $2. Therefore, the reaction of the upcoming resistance zones will be monitored for the continuation of the correction or new declines. In the upcoming process, as long as the prices remain at and above the 1.63 - 1.68 support, the upward outlook may be at the forefront. In possible increases, the 1.76 and 1.82 levels may be targeted. In possible pullbacks, as long as the 1.68 - 1.63 support remains current, new upside potential may occur. Therefore, for the continuation of the downward desire, it may be necessary to see the course below 1.63 and 4-hour closings. In this case, the 1.58 and 1.51 levels may come to the agenda. Support: 1.68 - 1.63 Resistance: 1.76 - 1.82