With a major deadline tonight in the US-Iran conflict, the commodities market is on a knife-edge. Verified Pro Trader Drew Dosek breaks down the "line in the sand" for Crude Oil, the massive volatility in Natural Gas, and why central banks are selling Gold to buy Oil. Plus, a special look at Cattle and why food costs are reflecting these chart breakouts.
In This Pro Charts: Commodities video, Drew covers:
Crude Oil (WTI): Analyzing the March 9th topping tail and the key $79.77 support level.
Natural Gas: Why we hit the $2.71 target and why the "Widowmaker" could still head sub-$2.00.
Gold & Silver: Breaking down the double bear flags in Gold and the critical $75.33 support for Silver bulls.
Cattle: Technical analysis on all-time highs and the potential pullback to the $2.36 area.
0:00 Introduction: Oil & Geopolitics 1:15 Oil: Monthly Trendlines & Intraday Resistance 3:30 Natural Gas: The Widowmaker Strategy 5:45 Gold: Why Central Banks are Selling 7:10 Silver: Line in the Sand for Bulls 8:55 Cattle: Meat Prices & Technical Peaks 11:20 Summary & Next Steps
