Natural Gas Price Forecast – April 9, 2025
May natural gas rebounded after stalling just above key support at $3.336, confirming bullish MACD and Stochastic divergences. A reversal may be underway, with the move up from $3.336 targeting $3.89 and possibly $3.95 tomorrow. A close above $3.95 would signal a stronger recovery toward $4.05 and $4.15. Near-term support is $3.64 and $3.52, with $3.52 expected to hold. A drop below $3.52 would shift focus back to challenging key support at $3.40 again.
WTI Crude Oil Price Forecast – April 8, 2025
WTI crude oil continued its decline, settling below key wave projections and setting up for a test of $57.7 and $56.1, with potential to reach $55.5 in the coming days. Monday’s long-legged doji was negated, and no bullish patterns currently suggest a reversal. While momentum indicators are oversold and a short-term bounce could occur, any move up will likely be corrective. Resistance is at $60.3 and $61.2, with a close above $61.2 needed to signal a stronger correction before prices fall to fulfill targets in the mid-$50s.
Natural Gas Price Forecast – March 26, 2025
May natural gas continues to grind lower after breaking $4.05 support, with prices struggling to close below the 50-day moving average at $3.85. The wave formation favors a test of $3.76, a key decision point—closing below it will open the way to $3.49 and $3.40. Momentum remains weak, with no bullish signals yet. However, if prices rally above $3.96, look for resistance at $4.02 and $4.07.
WTI Crude Oil Price Forecast – March 25, 2025
May WTI crude oil held resistance at $69.7 and settled below a key $69.2 decision point again, suggesting the decline from $76.57 may resume. Bearish signals, including a daily long-legged doji and KaseCD divergence setup, support a move lower, with $67.9, $67.3, and $66.7 as near-term downside targets. However, closing above $69.8 would confirm bullish sentiment and open the way for $70.4, $70.8, and $71.9. Tomorrow’s price action will be crucial.
Natural Gas Price Forecast – March 19, 2025
April natural gas bounced after holding $3.98 support for four days, forming a triple bottom confirmed by today’s close above $4.218. The move up may be corrective but is set to test $4.34, with $4.42, $4.50, and $4.56 as confluent upside targets. Settling below $4.07 will imply that the move up from $3.955 is complete. However, at this point, natural gas must close below $3.98 to shift the odds firmly back in favor of a continued decline.
Gasoline Price Forecast – March 18, 2025
Gasoline tested $2.199 before pulling back, forming a daily shooting star that suggests the corrective move up is likely complete. The outlook favors a drop to $2.155 and $2.140, with $2.121 as a key downside target for the coming days. Settling below $2.121 would confirm that Wave IV of a five-wave trend is complete and that Wave V is unfolding. However, settling above $2.199 would challenge the bearish wave count and shift focus to resistance at $2.239.
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
