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Natural Gas Bulls May Push Prices Higher. Levels To Watch

Published 07/12/2020, 05:04 AM
Updated 07/09/2023, 06:31 AM

Outlook ForJuly 9th - August 14

$1.794 could be a right level to go long on Natural Gas Futures, as the bulls could hit their likely $2.60 target at any time during the upcoming weeks.

The natural gas storage level of 56 Bcf may indicate that we can expect decreased storage levels in the weeks ahead. This combined with cooling demands from summer months may attract bulls. With the uptrend remaining intact, watch for a gap-up series.

Natural Gas Futures Daily Chart

Natural Gas Futures 4 Hr. Chart

Natural Gas Futures 1 Hr. Chart


Disclaimer: The author of this analysis does not have any position in Natural Gas futures. Readers are advised to take any position at their own risk; as Natural Gas is one of the most liquid commodities of the world.

Latest comments

Does anybody including Satendra Singh think that his articles (always wrong !) help anyone?
Mr. Singh 👍👌
Mr Sing, you never made any sense. I lost lot believing in your articles. I never will again. Your articles are a bunch of joke
what do you expect from a free article, has this guy ever said where he got his MBA, just fade this guy
1.754 - 1.792 is the day range. Come on. stop predicting when you have no idea of it. 99/100 times u r wrong.
As usual you have no success at all predicting the direction of NG. Better chance next time!
Please go away.  For once, PLEASE DON'T JINX NG anymore!
Thank you! I will start at night lot of puts with your hindu trader friends!
Sanya :-)
This man a joke
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