FX.co ★ Technical Analysis of Daily Price Movement of Natural Gas Commodity Asset, Tuesday November 21, 2023.

If we look on the daily chart of Natural Gas Commodity Asset, then there are two interesting things:

1. Although the #NG price movement likely to move inside the Bullish channel, but below the WMA 20.

2. There is a deviation between price movement with RSI indicator.

Based on those two things, it is confirmed that in a few days ahead, if there is no strengthening broke above the level 3,274, then, #NG will go down to test the level 2,882 if this level manages to breaks below, then will continue the downward until the level area of 2,698-2,640 as the main target and if the momentum as well as the volatility quite supporting, then it is not impossible that the level 2,248 will become the next target to be aimed.

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