NATURAL GAS - STILL IN THE GAME🔥
The XNGUSD goes quite well, as predicted. It held the trendline and moving upwards slowly, but surely. Short-term support here is the EMA20 on 4h timeframe. The asset is just below 3.600 resistance level and sma200. Since the July 10, the asset seems to be moving within the ascending channel (pic 2). I expect that the price will break the 3.6000 resistance level, will go towards upper channel border and then, after quick retest, move towards 3.8000. Not a trading advice! Trade cautiously!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.