NG did not confirm an immediate bullish setup. However, the commodity is oversold on the hourly frames with multiple diverging indicators. There is chance for reversal, but there is no confirmation yet.
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The bigger picture and long term perspectives were discussed in the Weekly Analysis posted on January 14th:
I hope you followed the most recent NG call by InvestingAngles on December 12th,
and this fantastic long term forecast on August 17th.
Lithium Analysis – Jan 14th:
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