Natural gas Wave Analysis – 5 April, 2022

• Natural gas breaks round resistance level 6.0
• Likely to rise to resistance level 6.270

Natural gas under the bullish pressure after the price broke through the resistance level 5.8 (which has been reversing the price from November.

The breakout of the resistance level 5.8 accelerated the active impulse wave 3, which then broke the round resistance level 6.0.

Natural gas can be expected to rise further toward the next resistance level 6.270 (top of the wave B from last October) – followed by the major resistance level 6.520.