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03.04.2024 06:34 AM
Technical Analysis of Intraday Price Movement of Natural Gas Commodity Asset, Wednesday April 03, 2024.

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With the appearance of the deviation of Crude Oil commodity asset price movement with Awesome Oscillator indicator as well as Descending Broadening Wedge pattern along with #NG price movement which is above WMA 30 Shift 2 which appears to has the upward slope on the 4 hour chart, then in the near future #NG has the potential to strengthen untul the level 2,008 as the main target and if the momentum as well as the volatility is supporting then the level of 2,208 will be the next target to be aimed, but if on the way to the level described above, suddenly there is a significant weakness correction especially if broken below the level 1,529, then the strengthening scenario that has been described before will become invalid and cancel itself.

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Arief Makmur
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