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FX.co ★ Start Posting:Technical Analysis of Daily Price Movement of Natural Gas Commodity Asset, Wednesday March 02 2023

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Forex Analysis:::2023-03-01T04:01:02

Start Posting:Technical Analysis of Daily Price Movement of Natural Gas Commodity Asset, Wednesday March 02 2023

Start Posting:Technical Analysis of Daily Price Movement of Natural Gas Commodity Asset, Wednesday March 02 2023

On the daily chart, the natural gas commodity asset can be seen even though the #NG price position is above the EMA 10 but the Stochastic Oscillator indicator is above the Overbought condition so that in the near future #NG has the potential to fall down to close the gap and the 2,261 level and as long as the decline does not exceed below the level 1,967 then #NG still has the potential to appreciate upwards to level 3,593 as its first target and level 4,126 as its second target.

(Disclaimer)

Analyst InstaForex
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