Black gold continues to be a bearish weight on raw commodity markets.
Grain futures markets are heating up on weather worries, but corrective price dips could create some bargains.
The yellow metal's price is approaching a key technical inflection area.
Nymex crude oil could be at $75 a barrel by July 4.
As the European debt crisis escalates, most commodity markets are getting hit hard.
Crude oil and gold suffer fresh near-term technical damage.
Gold prices are consolidating in the near term, but the longer-term technical posture remains bullish.
The commodity is showing early signs of a market-price bottom.
Supply-and-demand fundamentals are relatively stable, but news events could change that quickly.
The yellow metal has languished amid a somewhat calmer world marketplace, but that may be changing.