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Crude Oil Price Forecast – November 24, 2020

Posted on November 24, 2020 by Dean Rogers, CMT in Oil Price Forecast

WTI Crude Oil Technical Analysis and Short-Term Forecast WTI crude oil has rallied as called for in this week’s forecast and yesterday’s update. Today’s move up was more aggressive than anticipated but fulfilled a confluent target around $45.1. So far, this has proved to be a stalling point. Nonetheless, the decline from today’s $45.2 high … Continue reading Crude Oil Price Forecast – November 24, 2020

Gold Price Forecast – November 19, 2020

Posted on November 19, 2020 by Dean Rogers, CMT in Gold Price Forecast

Gold Technical Analysis and Near-Term Outlook The near-term outlook for gold remains bearish after holding resistance around $1898 and taking out the $1853.9 swing low today. The move down will likely be a grind for the interim, but the wave formations call for $1843. Settling below this will clear the way for $1825 and then … Continue reading Gold Price Forecast – November 19, 2020