Tuesday, February 28, 2023
On the daily chart, the natural gas commodity asset can be seen even though the #NG price position is above the EMA 10 but the Stochastic Oscillator indicator is above the Overbought condition so that in the near future #NG has the potential to fall down to close the gap and the 2,261 level and as long as the decline does not exceed below the level 1,967 then #NG still has the potential to appreciate upwards to level 3,593 as its first target and level 4,126 as its second target.
(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.comfrom Forex analysis review https://ift.tt/EhMgalz
via IFTTT