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Natural Gas Wave Analysis – 7 August 2026

Natural Gas Wave Analysis – 7 August 2026

Natural Gas: ⬆️ Buy

– Natural Gas reversed from long-term support level 2.635

– Likely to rise to resistance level 2.800

Natural Gas earlier reversed from the major long-term support level 2.635 (which has been reversing the price from the start of 2026, as can be seen below).

The support zone near the support level 2.635 was strengthened by the lower daily Bollinger Band.

Given the proximity of the support level 2.635 and the oversold daily Stochastic, Natural Gas  can be expected to rise further to the next resistance level 2.800 (top of the previous correction ii).

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