Natural gas still bullish – Analysis – 4-9-2020

Economies.com
2020-09-04 06:58AM UTC

Despite the negative pressure that Natural gas price faced recently and forming negative rebound towards 2.400, that will not affect the main bullish track by settling frequently above 2.287 support line.

 

Therefore, we will keep waiting to gather the additional positive momentum to succeed building new bullish trades and repeat the pressure on 2.785 barrier, while surpassing it might extend trades towards 3.180 in the upcoming period.

 

The expected trading range for today is between 2.350 and 2.785

 

The expected trend for today: Bullish

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