Natural Gas Technical Analysis for the Week of November 14, 2022 by FXEmpire

Natural gas markets initially gapped higher during the week, but then fell rather drastically, before turning around and showing signs of life again. This is an extraordinarily volatile market under the best of circumstances, and right now it’s getting worse.

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  1. /NG Natty gas -Natty coming off on the kinder morgan news El paso Pipeline – higher high today But could not hold — downside watch 5.786 – 5.716 – 5.614 – 5.547 – 5.347 – 5.259 — 4.972 is the 100sma & the retest is 4.75 –upside watch Key RES levels 5.893 21sma & 6.18 8sma IF cleared then 6.40 – 6.505 – 6.566 – 6.765 50sma – 6.834 200sma key RES Levels

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