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Natural Gas Prices Plunge Towards $0.77 Before Meteoric Ascent

Guavy AI Editorial Team Published August 19, 2026

Instruments

Natural Gas

Natural gas has been in a downward trend since its peak in August 2022 at $10.

This move can be seen as an ABC correction from an Elliott Wave perspective, with an initial sharp decline followed by a rebound to the $4 level.

The B wave unfolded as an expanding flat correction, demonstrating classic technical patterns.

The next leg of this correction is expected to continue its downward trajectory, potentially reaching a low of $0.77 around September 2025.

This anticipated level aligns with critical technical support and could mark the completion of a major corrective phase.

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