Since I wrote last on May 25, gold and natural gas futures look ready to hit their fresh targets after wobbly weeks amid increased uncertainty over interest rate hikes. Gold futures started to melt...
The movements of gold and natural gas futures appear poised to behave in opposite directions due to common factors, with the most significant one being the debt ceiling suspension. This suspension...
Natural gas futures have managed to consistently stay above last week's high this week, even in the face of significant selling pressure owing to the absence of weather-induced demand.
Thursday’s...
When I wrote my last analysis on May 4, 2023, gold bugs were not prepared to believe that gold prices were about to take a breather. However, that day marked the initial sign of an impending rapid...
Since my last analysis on May 19, 2023, scorching weather conditions have increased cooling demand and triggered a surge in long buying.
On May 20, Reuters reported Alberta is on high alert for...
My last analysis discussed the possibility of a rally in natural gas prices. At that time, many traders failed to anticipate the impact of price consolidation near $2 leading up to May 12, 2023....
This week, movements in natural gas futures indicate a sudden increase in uncertainty among traders as they struggle to break above the 200 DMA on the upper end of the one-hour chart, while also...
Despite several challenges, natural gas futures appear poised to gain momentum, as lower prices could reduce production fears. On Monday, natural gas futures opened with a gap-up and managed to hold...
The movements of gold futures since April 19, 2023, suggest that a breather may be imminent, as gold prices appear poised for a reversal. Gold futures failed to break out above the previous high of...
Movements of natural gas futures since April 20, 2023, have been volatile as they attempt to fill the gap created after hitting a low of $2.143.
Natgas futures hit a recent high at $2.561 on Apr. 28...