empty
 
 
19.06.2023 06:08 AM
Elliott wave analysis of Natural Gas for June 19, 2023

This image is no longer relevant

Natural Gas saw a very deep corrective decline after testing resistance at 10.03. The correction from 10.03 to a low of 1.95 has now been completed and we should expect NG to move higher to test resistance at 3.03 soon. A break above resistance at 3.03 will call for a continuation higher toward the next strong resistance at 4.77 and 7.60.

Support is now seen at 1.95 which is expected to act as a floor for the test and break above 3.03.

Summary
Urgency
Analytic
Torben Melsted
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback