NG is in an inflection zone and is struggling to make a decision. The daily candles failed to form a reversal combo and the chances of it slightly reduced. If, however, NG manages to flip the 4hr and larger frames to the bullish side overnight, the bounce can continue. Otherwise, the wave down will be extended.
The bigger picture and long term perspectives were discussed in the Weekly Analysis posted on January 7th:
I hope you followed the most recent NG call by InvestingAngles on December 12th,
and this fantastic long term forecast on August 17th.
You can look at a bigger picture and long term expectations in the Yearly Analysis:
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