During the previous trading session, the price of Natural Gas decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The current support level is in the area of the 3.065 mark.
The Penetrating Line pattern formed this level. The pattern consists of two candles: the first one has a long black body, the second one has a white body. The second candle opens with a gap down and closes above the middle of the first candle’s body.
The current resistance level is at the 3.235 mark.
This level is formed by the Bearish Doji Star pattern. This pattern has a fairly high confirmation rate. It consists of two Japanese candles, where the second is a doji, which opens with a gap down.
Trading recommendations:
During the day, it is worth considering the possibilities for opening short positions. This is indicated by both: the dynamics of price movement over a longer distance and the latest formed pattern.
Natural Gas H1: The Price Action Forecast for the American Session on 8.1.2026
