Forecasts & Analysis | Commodities
Gold Price Forecast: New Record High, Bullish Momentum Continues
Gold’s breakout above 2,212 record high sets the stage for further gains, with a measured move from a bullish wedge breakout targeting around 2,320.
Natural Gas Price Forecast: Eyes Bullish Reversal from Retracement Low
Natural gas bounced from 1.69 low, eyes bullish reversal above 1.76 with potential to eventually breakout of double bottom pattern.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Bet On Rising Demand
Supply is expected to stay tight due to OPEC+ production cuts, which is bullish for oil markets.
Gold, Silver, Platinum Forecasts – Gold Tests Historic Highs
Demand for gold stays strong despite rising Treasury yields.
Is The Pullback In Gold A Perfect Buying Opportunity?
Despite the recent pull back, the fundamental backdrop still remains ultra-bullish for Gold.
Natural Gas Price Forecast – Natural Gas Continues to Sit at Support
The natural gas markets have seen a bit of sideways action during the session on Thursday, as we are heading into a holiday weekend. However, this is a market that will continue to look for momentum to turn things around.
Crude Oil Price Forecast – Crude Oil Continues to Look Bullish
The crude oil markets continue to see a lot of momentum to the upside. This is a market that will continue to attract a lot of attention, and therefore I think you are looking for any short-term pullback as an opportunity.
Silver Price Forecast – Silver Continues to See Support
Silver has continued to hang around the $24.50 level, an area that a lot of people will be paying attention to. This is a market that will be closing early on Friday, so be cautious at this point.
Natural Gas News: Testing Multi-Year Low Ahead of EIA Report
US Natural Gas Futures show slight gains, but market trend remains influenced by weather and storage. Anticipate volatility after EIA report.
Gold Price Forecast – Gold Continues to Power to The Upside
The gold markets continue to see a lot of noise, as we head into the Easter Weekend. Ultimately, this is a market that has a lot of momentum, and therefore I think more and more people will be jumping in.