Natural gas price still bullish – Analysis – 24-8-2020
Economies.com
2020-08-24 05:42AM UTC
Despite Natural gas price forming some sideways fluctuation recently, its positive consolidation above 2.275 support supports our bullish overview in the near term and medium term period.
Note that stochastic fluctuation near 80 level will increase the chances of gathering the positive momentum to manage to form new bullish trades and target many targets that start at 2.560 followed by reaching 38.2% Fibonacci correction level at 2.780.
The expected trading range for today is between 2.300 and 2.560
The expected trend for today: Bullish
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