Forecasts & Analysis | Commodities, Page 1
Natural Gas Price Fundamental Daily Forecast – Change in Weather Model Send Prices Below $2.00
The selling was revved up late Thursday after the European weather model dropped more than 15 heating degree days from its forecast for the period running from next Tuesday through January 28, NatGasWeather said in a note to clients.
Gold Price Forecast – Expect $1700+ After a Brief Pause
After rallying more than $165 since November, gold is taking a well-deserved breather. A brief pause, then gold should continue to fresh highs and $1700 by March.
Silver Price Forecast – Silver Market Continues To Kill Time
Silver markets went back and forth during the trading session in a slightly positive day, as the market has been grinding sideways and killing time. The question now is whether or not the buyers will come in and pick this up.
Crude Oil Price Forecast – Crude Oil Markets Stable On Friday
Crude oil markets stabilize a bit during the day on Friday, which of course is a good sign considering that we had pulled back so drastically. That being said, it looks like the 200 day EMA continues to offer support.
Natural Gas Price Forecast – Natural Gas Markets Crack Two Dollars
Natural gas markets dipped a below the two dollars level momentarily during the day on Friday, as the natural gas markets continue to struggle. This being the case, there is nothing good looking about this chart, and as a result it’s likely that the market will continue to be miserable.
Gold Price Forecast – Gold Markets Rally To End Week
Gold markets rallied slightly during the trading session on Friday to in the week, showing signs of resiliency yet again. It looks as if we are very comfortable with the bullish uptrend.
Silver Weekly Price Forecast – Silver Markets Show Signs Of Life
Silver markets initially fell during the week but continue to find resiliency, as we are testing the shooting star from the previous week.
Crude Oil Weekly Price Forecast – Crude Oil Forms A Hammer
The crude oil markets fell initially during the week but have turned around to show signs of life again by forming a hammer. This has happened in both grades that I follow here at FX Empire.
Natural Gas Weekly Price Forecast – Natural Gas Breaks Two Dollars
Natural gas markets got hammered this week, breaking below the $2.00 level for the first time in ages, and this shows just how oversupplied this market truly is.
GOLD Weekly Price Forecast – Gold Pulls Back But Find Buyers
The gold fell a bit during the week, but then turned around to show signs of life again. We are above the $1550 level, but also have a shooting star above.