0:00 - Intro
0:29 - Natural Gas
4:05 - Crude Oil
5:01 - US Dollar Index (DXY)
6:00 - Gold
8:45 - Silver

Executive Summary
In this weekly commodities market breakdown, we cover technical analysis, key support/resistance zones, and price discovery targets across Natural Gas, Crude Oil, the US Dollar Index ( DXY ), Gold, and Silver. We analyze macro shifts following recent jobs data, shifting Fed rate expectations, and multi-month technical breakouts across precious metals.

Key Technical Breakdown & Price Levels
Natural Gas ( NATGAS ): Price action remains locked in a multi-timeframe downtrend (monthly down to hourly). Following a breakdown through prior support, NatGas is currently in a downward price discovery phase.

Bottoming Criteria: Avoid attempting to nail absolute bottoms without multi-timeframe RSI oversold convergence. Looking toward the $2.50 structural support zone—a major multi-year floor coinciding with falling wedge support—where an extreme daily RSI reading could trigger a high-probability temporary bounce.

Crude Oil ( WTIC ): Price action continues to coil in a tightening range, driven by ongoing geopolitical headline updates and trade deal noise. Expect further ping-pong price behavior within the boundaries of this consolidation structure.

US Dollar Index ( DXY ): Weaker labor market data has shifted Fed policy expectations toward a rate hold (over 50% probability), sparking weakness in the U.S. Dollar. Dollar pullbacks continue to fuel strong tailwinds for precious metals.

Gold ( XAUUSD ): Confirmed a massive technical breakout from a 6-month falling wedge pattern (spanning February to August), surging over 3.6% on the breakout candle.

Key Resistance Zones: First resistance cleared near $4,340–$4,400. The major structural resistance shelf sits between $4,500 and $4,650. A healthy consolidation/bull flag near this supply zone is expected before the next macro continuation leg.

Silver ( XAGUSD ): Silver continues to lag Gold near its falling wedge boundary. As a higher-beta asset, Silver is positioning for a high-probability catch-up trade. A secondary push in Gold toward $4,500 should trigger a 7%–8% rapid expansion in Silver to break its primary wedge resistance.