Gold Price Forecast – March 13, 2025
Gold surged to a new high, closing just below $3000, with upside targets at $3017 and $3043 in the coming days. The $3043 level is a key confluence point and potential stalling area. No bearish daily signals suggest a reversal, but overbought conditions hint at a possible correction. Support is at $2967, with $2943 as a key near-term level.
Natural Gas Price Forecast – March 12, 2025
Natural gas turned bearish after breaking support at $4.132 and confirming multiple bearish patterns and signals. The outlook favors a test of $3.98, with downside targets at $3.92, $3.80, and $3.70. No bullish patterns or signals suggest an immediate stall, but a close above $4.37 would warn that the move down is failing.
WTI Crude Oil Price Forecast – March 11, 2025
WTI crude is struggling to break below $65.22, forming a double bottom with a confirmation point at $68.22. Bullish MACD and KaseCD divergences support a near-term move higher, with a potential test of $68.3 and a breakout targeting $71.3. However, the broader wave structure still favors a move lower, with $64.8 and $62.7 as key downside targets. A break below $65.4 increases the risk of the double bottom failing, making tomorrow’s price action crucial.
Natural Gas Price Forecast – March 5, 2025
Natural gas rebounded from just below $4.24 support and settled above $4.44, setting up a test of a key objective at $4.56 tomorrow. This is a crucial target tied to multiple wave projections, making a close above $4.56 challenging. Settling above $4.56 will target $4.67 and $4.74. However, while the $4.518 swing high holds, the wave down from $4.551 still shows potential to extend to $4.19
Gasoline Price Forecast – March 4, 2025
Gasoline briefly dipped below key support before forming a daily hammer, signaling a potential test of $2.208 and $2.229. However, the broader move down from $2.4072 appears to be forming a five-wave pattern, with key downside targets at $2.139 and $2.085. While today’s bounce suggests Wave IV may already be underway, a close above $2.229 and then $2.248 would challenge the bearish wave count and indicate a shift toward bullish sentiment. Near-term, expect a test of resistance before the downtrend extends.
Gold Price Forecast – February 27, 2025
Gold broke out of its $2887-$2970 range, dipping below $2887 again in post-settlement trading and settling under the 20-day moving average. The decline targets $2864, with potential drops to $2840 and $2822—the latter aligning with the 38 percent retracement of the rise from $2586.7. A close below $2822 suggests a deeper test of support. However, because $2887 was held on a closing basis, a false break lower remains possible; a move above $2916 could test $2939 resistance, a close above which would push gold back toward $2970.
Natural Gas Price Forecast – February 26, 2025
Natural gas stalled just above $4.17 before dropping below the 62 percent retracement of the rise from $3.875, signaling the end of the corrective move up. The outlook is bearish, with an expected test of $3.90 tomorrow; a break below could lead to $3.85, $3.81, and possibly $3.74 within the next few days. If the decline stalls and resistance is tested, $4.03 should hold—breaking past it may push prices to $4.09 or $4.13, potentially setting the stage for a run at $4.17 again.
Crude Oil Price Forecast – February 25, 2025
May Brent crude oil broke lower, taking out support at $73.6 and settling below critical wave projections, confirming a bearish outlook for the coming days and weeks. The wave down from $79.98 now favors a test of $70.4, a long-term decision point. In the near term, watch for $71.8, with minor targets at $71.5 and $71.0 connecting to $70.4. While $72.5 held as a potential stalling point, any rebound is likely corrective, with resistance expected at $73.4 and $74.3.
Gold Price Forecast – February 20, 2025
Gold is struggling to close above $2965, the key breakout level from its recent range ($2887–$2965). Prices briefly hit $2973.4 before pulling back but remain near resistance, with another test of $2965 expected. A close above targets $2980 and $2997. However, indecisive trading and an intra-day head and shoulders pattern warn that another test of support might take place first. Closing below $2943 will confirm the head and shoulders and lead to tests of $2930 and key support at $2909. Settling below $2909 will put $2887 at risk.
Natural Gas Price Forecast – February 19, 2025
Natural gas surged past $4.14 and is now targeting $4.36, though a correction is due as the rally’s pace is unsustainable. While $4.36 is a key level, this move may overshoot resistance, with $4.43, $4.48, and $4.59 as the next targets. The RSI is overbought, but no bearish signals have confirmed a stall yet. If a pullback occurs, $4.15 should hold, with key support at $4.01.
