Natural Gas – Daily Analysis
Natural Gas is approaching a critical technical point. In today’s analysis, we review the latest candle signals, momentum shifts, key technical developments, and the Elliott Wave paths that could define Natty’s next major move. The focus is on the levels that matter most, the confirmation signals needed to validate or reject the current setup, and the path that now carries the highest probability. CANDLES Today, Natural Gas did not make a decision. The daily candle neither confirmed nor rejected the potential bearish path. The only bearish signal was the 8/20 EMA bearish cross, which could become a bigger issue if confirmed. At the same time, Natty formed a potential reversal candle on the 2D frame, and that signal also needs confirmation. The weekly battle is still ongoing. The circled 5-week combo is potentially just a consolidation after the preceding green candle formed at the end of May. So far, the…
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