Forecasts & Analysis | Commodities
Crude Oil News Today: Will Dollar Strength Persist, Capping Oil Market Gains?
The proposed U.N. ceasefire led by the U.S. in the Middle East is influencing oil’s risk premium, considering the region’s role in global oil supply.
Gold Price Forecast: Price Retreats, but Bullish Wedge Breakout Holds Promise
Weekly chart signals potential bearish position for gold, but daily chart shows bullish reversal signal on rally above 2,186, with targets at 2,320 and 2,298.
Natural Gas Price Forecast: Signs of Weakness Emerge
Natural gas prices show weakness, consolidating within a range. Resistance at 8-Day MA suggests a market shift. Key support at 1.64 holds for now, but a failure could trigger a downtrend.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Stays Flat Despite Strong Dollar
Oil traders are not ready for big moves ahead of the weekend.
Gold, Silver, Platinum Forecasts – Gold Retreats As Dollar Tests Multi-Week Highs
The strong dollar has also put pressure on silver and platinum markets.
Gold Prices Hit Yet Another All-Time Record High. Is $3,000 A Possibility?
Since the start of 2021, everyone from Goldman Sachs, JPMorgan to Bank of America called the beginning of a new Supercycle and hot-listed Commodities as their “preferred asset class over the next decade”.
Natural Gas Weekly Price Forecast – Natural Gas Continues to Build a Base
The natural gas markets will continue to bounce around going forward, as the markets are trying to do everything, they can to find some kind of bottom.
Crude Oil Weekly Price Forecast – Crude Oil Continues to See Upward Pressures
The crude oil markets continue to see a lot of bullish pressure, and as a result we are likely to see a lot of buying on dips, just as we have on Friday.
Silver Weekly Price Forecast – Silver Continues to See Volatile Movement
The silver markets continue to be very noisy, and as a result it is showing signs of buying – but also has a lot of selling pressure at the crucial $26.50 level. In other words, this is a market that is going to be choppy.
Natural Gas Price Forecast – Natural Gas Continues to Build a Base
The natural gas markets fell a bit on Friday to show more base building in the same region we have been in for a bit now. This is a market that will require a lot of patience to be involved in.