FX.co ★ Technical Analysis of Intraday Price Movement of Natural Gas Commodity Asset, Monday November 11, 2024.

If we observe carefully the 4-hour chart of the Natural Gas commodity asset, it appears that buyers are quite dominant, which is confirmed by its price movement which moves harmoniously within the bullish Pitchfork channel and is above its MA 100 which also has a slope that slopes upwards, coupled with the appearance of deviations between the price movement of #NG and the Awesome Oscillator indicator confirms that the strengthening of this commodity asset is quite solid as long as there is no weakening correction that breaks below the 2,529 level, then #NG has the potential to continue its strengthening in the near future to the 2,908 level as its main target and if the momentum and volatility support it, 3,118 will be the next target to be aimed for.

(Disclaimer)