Natural Gas Price Forecast – July 2, 2025
August natural gas broke below key support at $3.39 but failed to close below that level on Tuesday. A daily bullish hammer and confirmed daily bullish momentum divergences warn that a reversal might occur. While the near-term outlook leans bearish with downside targets at $3.25 and $3.08, holding $3.39 and closing above $3.59 would call for a move toward $3.74. Settling above $3.74 would confirm a bullish reversal is underway.
WTI Crude Oil Price Forecast – July 1, 2025
August WTI crude oil held above the 100-day moving average and tested resistance at $66.0. While this level held, the outlook leans slightly in favor of a move to $66.9 and potentially $67.7. Closing above $67.7 would confirm recent bullish patterns and open a path to $68.5 and $69.5. However, should prices fall below $64.5, the bullish wave up from $54.0 would be invalidated, and the focus would shift back to key support at $63.4.
Natural Gas Price Forecast – June 25, 2025
August natural gas continued to decline and is now targeting $3.54 and possibly $3.50, near the bottom of its recent trading range. A close below $3.50 would confirm a bearish outlook and open the way for $3.44 and $3.38. While a correction is due, no bullish signals have formed yet. A rally above $3.70 could lead to $3.82 and suggest a return to range-bound trading.
WTI Crude Oil Price Forecast – June 24, 2025
WTI crude oil continued to decline after confirming bearish patterns and signals on Monday. A test of $63.4 is likely next, a sustained close below which would confirm a bearish reversal. There are no bullish patterns or signals, but a bounce above $67.7 could lead to a short-term recovery toward $69.5.
Natural Gas Price Forecast – June 11, 2025
July natural gas remains rangebound between $3.44 and $3.84, with recent weakness pointing toward a test of key support at $3.41. A close below $3.41 would confirm a downside breakout and target $3.30. However, today’s long-legged doji signals uncertainty. A move above $3.58 could shift momentum toward $3.69, close above which would call for another attempt to overcome the top of the range at $3.84.
WTI Crude Oil Price Forecast – June 10, 2025
WTI crude oil rose early, breaking above $65.5, but stalled just below $66.4 before pulling back and forming a bearish dark cloud cover pattern. While the broader trend remains bullish, a short-term correction is likely, with support at $63.8 and potential downside to $61.7. A bounce may occur, but a close above $66.4 is necessary to signal a bullish continuation.
Gold Price Forecast – June 5, 2025
Gold fulfilled an important target at $3420, keeping the bullish outlook intact with a path toward $3454 and $3500. A close above $3425 will confirm strength, but a pullback to $3322 may occur first. Holding $3322 keeps the uptrend healthy, while a close below $3257 would signal another short-term reversal.
Natural Gas Price Forecast – June 4, 2025
Natural gas formed a double bottom near $3.436 and rallied, settling above an important wave projection at $3.69 for the past few days. The wave structure favors a test of $3.84, a close above which will confirm the double bottom. However, recent bearish candlesticks and resistance around the 20-day moving average warn of a potential pullback. A drop below $3.65 could lead to $3.56 or $3.51. Settling below $3.51 would shift the focus back to testing $3.41.
WTI Crude Oil Price Forecast – June 3, 2025
WTI crude remains rangebound but bullish after negating a head and shoulders pattern and holding above the 50-day moving average. A close above $64.0 will target $64.7, confirming a breakout and opening the path to $65.4 and higher. However, strong resistance at $63.6 continues to hold, and a small double top near $63.89 warns of a pullback. A close below $62.2 would shift the near-term outlook bearish, targeting $61.2 and $60.5.
Gold Price Forecast – May 22, 2025
Gold fulfilled the $3341 target before pulling back, forming a bearish engulfing line that signals a likely test of support at $3261. While a deeper correction to $3209 is possible, the near-term outlook remains bullish as long as $3209 holds. A close above $3341 will target $3368, and settling above that would confirm the pullback from $3509.9 is complete, opening the way to $3420 and higher.
