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Video: Natural Gas Price Going Up? – Natural Gas Price Analysis June 2020

May 29, 2020 at 8:40 by Vladimir Vyun

In the present video, David Jones from Capital.com talks about natural gas in June 2020. He starts the video by discussing the recent bounce from the 25-year lows reached in March as well as talking about factors affecting the commodity in the future and potentially pushing the price into the negative territory, the same that happened to crude oil in April. Next, David lists important support and resistance levels. David turns his attention to charts then, speculating whether the recovery is sustainable and the worst for gas is in the past or it was a dead cat bounce. In the end, he decides to open a long position, betting on prices going higher.

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