Can Chainlink (LINK) Price Hit  in the Next Rally?Can Chainlink (LINK) Price Hit $20 in the Next Rally?
GBPUSD breaks resistance, surges above moving averagesGBPUSD breaks resistance, surges above moving averages
Natural Gas 141123 Daily Chart
Natural gas pulls back as traders take some profits off the table after the recent rebound. At this point, it looks that natural gas markets need additional positive catalysts to gain sustainable upside momentum.

From the technical point of view, natural gas settled in a wide range between the support at $3.00 and the resistance at $3.60.

WTI Oil 141123 Daily Chart
WTI oil continues to rebound amid rising risk appetite. U.S. inflation reports missed expectations, providing material support to commodity markets.

WTI oil settled above the previous resistance at $76.50 – $77.50 and is moving towards the next resistance level, which is located in the $80.50 – $82.00 range.

Brent Oil

Brent Oil 141123 Daily Chart
Brent oil is moving higher as IEA lifted demand growth forecasts for 2024 from 880,000 bpd to 930,000 bpd.

RSI remains in the moderate territory, and there is plenty of room to gain additional upside momentum in the upcoming trading sessions.

For a look at all of today’s economic events, check out our economic calendar.

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