FX.co ★ Technical Analysis of Intraday Price Movement of Natural Gas Commodity Asset, Tuesday July 17, 2024.

Even though Seller is dominating the Natural Gas commodity asset on the 4-hour chart which is marked by its price movement moving below EMA 20 & EMA 50, however, with the appearance of deviations between #NG price movements which form a Lower Low and the Stochastic Oscillator indicator which on the contrary forms a Higher Low then in In the near future #NG has the potential to strengthen, especially if it succeeds in breaking above level 2,347, but if this level is not successfully broken above, it is very likely that #NG will continue its weakening up to level 2,149 as its main target and if the momentum and volatility are supportive then level 1,908 will be the target next to be aimed at.

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