Here is our next video about Natural gas price analysis August 2021. Natural gas price is trading at three year highs just below the $4 level. Higher cooling demand and strong liquefied natural gas exports continue to drive prices up – a trend likely to affect natural gas price in August.
The Natural gas technical analysis is showing that the price is slightly retreating from recent highs. Natural gas hit $4.16 on Monday but the price didn’t manage to keep going and now it’s struggling to stay above $4.
The Natural gas chart also hints another push above $4.16 could open the door for $4.58 and $5 or December and November 2018 highs respectively.
Watch the full video for our take on Natural gas in August 2021 and a deeper insight into what to expect in the weeks ahead from our Natural gas price analysis. Drop us a line in the comments with your thoughts on the Natural gas August.
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