Natural gas: ⬇️ Sell
– Natural gas reversed from round resistance level 5.0000
– Likely to fall to support level 3.815
Natural gas recently reversed from the resistance area between the round resistance level 5.0000, the upper weekly Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from 2022.
The downward reversal from this resistance area stopped the earlier weekly upward impulse sequence (3) from the start of 2025.
Given the recent formation of the daily Shooting Star and the overbought weekly Stochastic, Natural gas can be expected to fall to the next support level 3.815.
• Central banks prefer to pause. • The strengthening of the dollar prevented gold from…
Market Picture The crypto market set another trap for bulls yesterday afternoon, jumping to $3T…
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
This website uses cookies