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FX.co ★ Natural gas price movement, August 10, 2020.

Natural gas price movement, August 10, 2020.

Natural gas price movement, August 10, 2020.

As we can see on the 4-hour chart, natural gas futures prices are now climbing up. It has already been confirmed by the price move above the Moving Average. Natural gas prices are likely to test the nearest liquidity pool at the 2.255 level. If bullush momentum is strong then they may reach 2.282. This scenario is unlikely to occur if natural gas prices decline and close bellow the 2.140 level.

The overall bias is bullish.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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