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FX.co ★ Technical Analysis of the Daily Price Movement of Natural Gas Commodity Assets Thursday, November 24, 2022.

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Forex Analysis:::2022-11-24T05:20:01

Technical Analysis of the Daily Price Movement of Natural Gas Commodity Assets Thursday, November 24, 2022.

Technical Analysis of the Daily Price Movement of Natural Gas Commodity Assets Thursday, November 24, 2022.

If we look carefully at the 4-hour chart, natural gas commodity assets seems moving in an upward rally condition in the Bullish Pitchfork channel and the CCI indicator which is in the range of 0 to 100 levels but there are deviations between price movements and the CCI indicator so there is a potential for downward correction to get upward momentum again where the level to be addressed is at the range is 6,968 - 6,708 as long as the downward correction doesn't fall below 6,255 then #NG still has the potential to appreciate again to 7,602.

(Disclaimer)

Analyst InstaForex
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