Natural Gas (XNGUSD)

Natural Gas Update - Live Market Analysis

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https://www.tradingview.com/x/Ll6VK906/

Last time candle in the evening (UTC+5:30) as notified by me was 12-1-23 6:08 PM but it was broken now next important candle is 12-1-23 10:34 PM. Also, we are near 1.618 Level of previous swing. Noting to worry, price will pull back from here. You can also see that price is just above 200 SMA. William's R% is also oversold.

Please note that today being first day of the month. Whatever, low is made today will be monthly low so, recovery will come thereafter. Those who are not already in, may wait till 4th December because if recovery comes, it takes at least 3 hours for the levels to come. Those, who are already in, may wait and nothing to worry.

Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
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