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Gold Price Forecast – October 23, 2025

Posted on October 23, 2025 by Dean Rogers, CMT in Gold Price Forecast

December gold’s outlook heading into the weekend leans bearish after Tuesday’s bearish engulfing line and the confirmation of a double top near $4396 and daily bearish momentum oscillator signals. However, an important trendline and the 20-day moving average held on Wednesday, and the $4175 confirmation point of an intraday double bottom at $4023 was challenged today. Therefore, it may be premature to state that a top has been made and that a bearish reversal is underway. The key levels to watch ahead of the weekend and possibly for the next few days are $4011 and $4259.

Natural Gas Price Forecast – October 22, 2025

Posted on October 22, 2025 by Dean Rogers, CMT in Natural Gas Price Forecast

Natural gas rallied to $3.572, testing major resistance at the trendline from $5.396 and the 100-day moving average before forming a long-legged doji that signals near-term uncertainty. While a short-term pullback toward $3.36 or $3.31 may occur, Monday’s breakaway gap, a daily RSI divergence, and daily oversold signals suggest a bullish reversal is underway. Holding above $3.31 support and closing over $3.60 would confirm the bullish outlook, opening the way for $3.65 to $3.74 in the coming days.

Brent Crude Oil Price Forecast – October 21, 2025

Posted on October 21, 2025 by Dean Rogers, CMT in Oil Price Forecast

Brent crude oil held above key support at $60.1, a major confluence point that aligns with multiple wave projections and the psychological $60.0 level. A double bottom, two daily hammers, a bullish engulfing line, and a KasePO PeakOut (oversold signal) suggest a correction is underway. A close above $62.3 would confirm the bullish candlestick patterns and open the way for $62.7 and possibly $63.8. However, the call for tomorrow is tight because the broader downtrend remains intact. Falling below $60.9 would call for another test of key support at $60.1.

Natural Gas Price Forecast – October 15, 2025

Posted on October 15, 2025 by Dean Rogers, CMT in Natural Gas Price Forecast

November natural gas tested key support around $2.96 today before rebounding to close above $3.00. This is an ideal area for a correction. A daily hammer warns that such a move might occur in the coming days. The daily KaseCD momentum indicator is also oversold, but no bullish patterns or signals have been confirmed. The broader trend remains bearish with more downside upon a close below $2.94. Should prices rally, resistance is expected near $3.06 and $3.10, with a close above $3.10 needed to put the near-term odds in favor of a larger correction.

Brent Crude Oil Price Forecast – October 14, 2025

Posted on October 14, 2025 by Dean Rogers, CMT in Oil Price Forecast

Brent crude oil held support at $61.7, but the broader trend remains bearish as waves down from $75.43, $71.20, and $69.87 point toward $60.7 and a key target near $60.1. Momentum indicators are oversold, suggesting a bounce could occur soon. Look for near-term resistance at $63.1, $63.4, and $64.0. However, unless prices close above $64.0 to confirm renewed strength, Brent remains vulnerable to another leg lower toward $60.1 in the days ahead.

Gold Price Forecast – October 9, 2025

Posted on October 09, 2025 by Dean Rogers, CMT in Gold Price Forecast

Gold’s uptrend remains strong after weeks of parabolic gains. However, today’s pullback from $4081, along with bearish momentum divergences and an overbought RSI signal, warns that a deeper test of support may be underway. Key support lies at $3903, in line with the rising trend line from $3353.4. Holding this level would keep the uptrend intact, while a close below $3903 would trigger a deeper correction toward $3831 and $3806. Conversely, reclaiming $4034 would suggest the pullback is another short-lived correction, with a close above $4087 confirming renewed bullishness.

Natural Gas Price Forecast – October 8, 2025

Posted on October 08, 2025 by Dean Rogers, CMT in Natural Gas Price Forecast

Natural gas reversed sharply after stalling at $3.55 and closing below an important target at $3.37, signaling renewed bearish momentum. Price now targets $3.26. A sustained close below this target would imply that the correction from $3.055 is complete, opening the way for $3.16 and lower. Today’s bearish engulfing pattern suggests further downside unless prices recover above resistance at $3.47.

WTI Crude Oil Price Forecast – October 7, 2025

Posted on October 07, 2025 by Dean Rogers, CMT in Oil Price Forecast

WTI crude oil held support near $60.40 before rebounding, suggesting short-term strength. The corrective move up, driven by bullish divergences and an inverted hammer, points to a test of $62.4 and potentially $63.0 and higher in the days ahead. Breaking above $62.4 would confirm a stronger correction, while failure to do so could form a bearish flag. A close below $60.6 or especially $60.3 would shift focus back toward $60.0 and lower.

Natural Gas Price Forecast – September 3, 2025

Posted on September 03, 2025 by Dean Rogers, CMT in Natural Gas Price Forecast

Natural gas extended its rally, with a weekly bullish engulfing line and weekly bullish KaseCD divergence signaling a potential reversal. The wave up from $2.738 points to $3.20. A close above $3.20 would strengthen the bullish case. Still, support levels remain critical. Falling below $3.02 would call for $2.97, and a close under $2.89 would shift the outlook bearish, suggesting the recent rally is just a correction within the longer-term downtrend.