Natural gas support levels

The lines are extended to generate support/ resistance levels. The lines look a bit Also known as wet gas. natural gas produced in association with crude oil. The adjacent chart shows the price movement of MCX Natural Gas continuous contract. It has been in a downtrend and has corrected significantly from the high   17 Jan 2020 Natural gas is trending lower inside a descending channel on its 4-hour chart but could be due for a countertrend bounce off support. In that case, price could recover to nearby resistance levels.