Natural Gas Rebounds Targeting $6 Level Again

On the hourly chart, Natural Gas (NATGAS) has recovered its short- and long-term EMAs. Buyers are aiming for $6.035-6.105 as primary targets, and $6.203-6.222 as a secondary bullish target.

On the other hand, a break below the $5.864 level may invalidate the previous bullish hypothesis, and we will target the $5.697-5.628 and $5.549-5.492 levels.