If we look on the daily chart of Natural Gas commodity assets, The Moving Average forming a Death Cross appears after successfully breaking below the 4,753 level now being corrected is being pulled up above that level again where #NG will try to test the 5,486 level as its main target and the 6,091-6,342 area level but if on its way to the levels the target suddenly #NG returned to its previous bias and penetrated below the 3,894 level. It is certain that the upward correction scenario described above will be canceled and become invalid.
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Relevance up to 02:00 2023-01-08 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
