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Video: Updated Natural Gas Price Analysis for August 2020 – A Sustainable Rebound?

August 13, 2020 at 14:22 by Vladimir Vyun

In the present video, David Jones from Capital.com talks about natural gas in August 2020. He starts the video by discussing the performance of the commodity, including the plunge to a multi-year low earlier this year and the recent sharp rebound. He then explains the reasons behind such moves. Next, David lists important support and resistance levels. He then follows with charts of the commodity, demonstrating long and short trends and explaining what technical indicators say. While in the short term natural gas has downside potential, David decides to bet on the longer-term bullish trend and to set up a buy order.

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