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Natural Gas 4 Hour Chart Pinpointing the Wedge Breakout with Key Support and Resistance Levels

NATURAL GAS (NG) was down on Monday morning after testing the high level of $ 4.43 in the last weekly trading session as US utilities withdrew 261 billion cubic feet (bcf) of natural gas from storage in the week ending February 21, 2025, reducing total inventories to 1,840 bcf. The withdrawal was nearly in line with market expectations of 256 bcf.