Commodities Analysis

The natural gas market has evolved from a seasonal weather trade into a strategic infrastructure play driven by LNG and AI power demand.

Wheat futures test key resistance at 542.40 as supply-availability premiums and weather risks dominate the New York morning session.

TTF natural gas futures test key resistance at 39.20 EUR/MWh as storage concerns and winter volatility drive intraday price action.

Soybean futures face a critical test at the 1,075.50 support level as weather premiums and export demand shape the intraday narrative.

Silver prices extend their bullish momentum toward the $118.50 resistance as industrial demand and precious-hedge behavior converge.

Natural Gas prices test critical resistance at 3.8500 USD/MMBtu amid contract-roll effects and LNG feedgas constraints.

Lumber futures test critical resistance at 598.50 as mortgage rate expectations and supply curtailment chatter drive price action toward the NY midday session.

Iron ore markets face a critical decision point at the 105.00 USD/ton level as China macro expectations battle suppressed steel margins.

Heating oil markets show heightened volatility as traders navigate winter risk premiums and key technical boundaries at the 2.1230 level.

Gold markets hold firm at $5,541 as USD softness and real-rate uncertainty drive safe-haven demand toward the $5,625 resistance zone.

Gasoline prices test critical support at 1.9900 as RBOB crack-spread dynamics and seasonal re-pricing drive intraday volatility.

WTI crude oil prices test the $64.80 resistance zone as geopolitical risk premiums and refining economics drive a consolidation with a bullish bias.

Copper prices test critical 6.3000 resistance as supply tightness and improving EM growth impulses drive scarcity pricing in the COMEX futures market.

Coal markets maintain a range-bound bias as traders weigh European gas tightness against liquidity-thin corridors at the 98.50 USD/ton level.

Brent crude prices test the $69.30 resistance zone as geopolitical premiums re-expand and momentum-driven flows dominate the London and New York sessions.