Forecasts & Analysis | Commodities
Silver Price Forecast – Silver Continues to Find Buyers on Dips
Silver has initially fallen during the trading session on Wednesday, but then turned around to show signs of life again. By doing so, it looks as if the market is going to continue to see more consolidation.
Crude Oil Price Forecast – Crude Oil Continues to Hesitate
Crude oil markets have hesitated to make any type of move during the trading session on Wednesday as we are waiting for some type of clarity on economic growth.
Natural Gas Price Forecast – Natural Gas Markets Continue to Look Anemic
Natural gas markets have fallen a bit during the trading session again on Wednesday, as we continue to see absolutely no interest in buying.
Gold Price Forecast – Gold Markets Tread Water Ahead of FOMC
Gold markets have gone back and forth during the session on Wednesday as we wait for the FOMC announcement, and the reaction by the market.
Oil Price Fundamental Daily Forecast – Steady-to-Better Ahead of Fed, OPEC+ with EIA Data on Tap
Crude oil futures are edging higher as traders looked for direction ahead of a Fed interest rate decision and a meeting of OPEC and its allies.
Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound As Traders Focus On China’s PMI Reports
The economic data from China exceeded analyst expectations, providing significant support to oil prices.
Gold, Silver, Platinum – Precious Metals Rebound From Session Lows
U.S. dollar’s pullback provided support to precious metals. Traders stay nervous ahead of tomorrow’s Fed decision.
Silver Price Forecast – Silver Bounces From the 50-Day EMA
Silver has fallen a bit during the trading session on Tuesday to test the 50-Day EMA, which sits just above the $23 level.
Crude Oil Price Forecast – Crude Oil Markets Continue to Bounce Around
Crude oil markets have fallen initially during the trading session on Tuesday but do have buyers underneath as we continue to try to sort things out.