Forecasts & Analysis | Commodities, Page 2
Silver Price Forecast – Silver Confirms Strength that Points to Higher Prices
Silver getting strong as it rises above potential resistance following last week’s bullish trend continuation breakout.
Silver’s Valuable Insights Into the Upcoming PMs Rally
The analysis of the precious metals market isn’t just gold analysis – there are times when silver rises to the forefront of everyone’s attention.
Natural Gas Price Fundamental Daily Forecast – Strong Upside Momentum Targets $1.992 – $2.040
The main range is $2.196 to $1.788. Its retracement zone at $1.992 to $2.040 is the primary upside target. Since the main trend is down, sellers are likely to come in on a test of this zone.
Oil Price Fundamental Daily Forecast – Buyers Losing Patience with Russia Over Production Cut Decision
Traders are beginning to lose patience with Russia, which is one reason for today’s weakness. Furthermore, talks on holding an early meeting in February went nowhere, which means OPEC+ won’t meet until March.
Price of Gold Fundamental Daily Forecast – Lower Stocks, Treasury Yields Fueling Hedge Demand
More stimulus from the central banks is likely to provide longer-term support for gold prices, but over the short-run, gold is likely to be underpinned the most by falling Treasury yields and lower demand for risky assets.