empty
 
 
09.04.2025 07:11 AM
Technical Analysis of Intraday Price Movement Natural Gas Commodity Instrument, Wednesday, April 09, 2025.

This image is no longer relevant

On the 4-hour chart of the Natural Gas commodity instrument, a Bearish 123 pattern appears followed by a Bearish Ross Hook (RH) followed by a Natural Gas price movement below the EMA (200) indicating that Sellers dominate this commodity instrument so that there is a potential for weakening in Natural Gas which will bring #NG to the area level of 3.394-3.355 and if the momentum of the weakening and volatility support it, 3.073 will be the next target, but with the position of the Stochastic Oscillator which is already at the Oversold level, there is also the potential for a strengthening correction, but as long as the strengthening does not break through and close above 3.768, #NG will still be dominated by Sellers.

(Disclaimer)

Recommended Stories

এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.