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Gold Price Forecast – March 14, 2024

Posted on March 14, 2024 by Dean Rogers, CMT in Gold Price Forecast

Gold’s pullback from $2203 is likely a correction and may form a bullish flat descending triangle. However, the wave down from $2203 favors a test of $2139 before the move up extends. Therefore, near-term odds lean in favor of a deeper test of support before the uptrend extends.

Gold Price Forecast – March 7, 2024

Posted on March 07, 2024 by Dean Rogers, CMT in Gold Price Forecast

Gold is due for a correction and has formed a potential double top around $2172. However, there are no confirmed bearish patterns or signals that call for a reversal. Near-term odds remain bullish and a test of $2190 is expected within the next day or so.

Crude Oil Price Forecast – March 5, 2024

Posted on March 05, 2024 by Dean Rogers, CMT in Oil Price Forecast

WTI Crude Oil Technical Analysis and Short-Term Forecast This is a brief analysis for the next day or so. Our weekly Crude Oil Forecast and daily updates are much more detailed and thorough energy price forecasts that cover WTI, Brent, RBOB Gasoline, Diesel, and spreads. If you are interested in learning more, please sign up … Continue reading Crude Oil Price Forecast – March 5, 2024

Crude Oil Price Forecast – February 13, 2024

Posted on February 13, 2024 by Dean Rogers, CMT in Oil Price Forecast

Today’s rally has positioned WTI crude oil to challenge $79.2 and possibly $79.7 tomorrow. Settling above $79.7 will open the way for $80.7 and higher in the coming days.

The late pullback from $78.47 warns that a test of $77.0 might take place first. This level is expected to hold. Key near-term support at $75.8.