Natural gas has ended in four consecutive doji candlestick formations near the 20-day SMA suggesting resistance at higher levels. RSI has also flattened indicating an impending correction and a retracement of the rally experienced from 2.40 to 2.72 in the past few days. Natural gas could decline towards 2.60 and 2.55 while it sustains below 2.73.
Technical Analysis Team
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