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FX.co ★ Technical Analysis of Daily Price Movement of Natural Gas Commodity Asset,Thursday November 9, 2023.

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Forex Analysis:::2023-11-09T04:52:09

Technical Analysis of Daily Price Movement of Natural Gas Commodity Asset,Thursday November 9, 2023.

Technical Analysis of Daily Price Movement of Natural Gas Commodity Asset,Thursday November 9, 2023.

From the daily chart of Natural Gas Commodity asset, there is seems the deviation between its price movement with RSI indicator as well as the Bearish Y Wave Projection pattern, so that, in a few days ahead, Natural Gas has the potential to weaken and go down to the level 2,712. But if on the way to those levels suddenly there is an upward correction untuk it breaks above the level 3,407, then the downward scenario that has been described before will become invalid and will cancel itself.

(Disclaimer)

Analyst InstaForex
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