Natural Gas on Wednesday, December 03, 2025, has the potential to test its nearest resistance level.

[Ben Graham]

[Natural Gas]

With the RSI(14) positioned in the Neutral-Bullish area and both of EMAs forming a Golden Cross, Natural Gas has the opportunity to strengthen today.

Key Levels

1. Resistance. 2 : 5.049

2. Resistance. 1 : 4.938

3. Pivot : 4.871

4. Support. 1 : 4.760

5. Support. 2 : 4.693

Tactical Scenario:

Positive Reaction Zone: If the price of #NG breaks out and closes above 4.871, it has the potential to test the 4.938 level.

Momentum Extension Bias: If #NG successfully breaks above 4.938, then it may continue its strength up to 5.049.

Invalidation Level / Bias Revision:

The upside bias weakens if the price of Natural Gas declines and breaks down below 4.693.

Technical Summary:

EMA(50) : 4.865

EMA(200): 4.756

RSI(14) : 54.66

Economic News Release Agenda:

Tonight, the following economic data will be released from the United States:

US - ADP Non-Farm Employment Change - 20:15 WIB

US - Import Prices m/m - 20:30 WIB

US - Capacity Utilization Rate - 21:15 WIB

US - Industrial Production m/m - 21:15 WIB

US - Final Services PMI - 21:45 WIB

US - ISM Services PMI - 22:00 WIB

US - Crude Oil Inventories - 22:30 WIB

The material has been provided by InstaForex Company - www.instaforex.com