What is the Open Interest-Price relationship in commodity markets?

In commodity markets, the relationship between Open Interest and price movement is similarly indicative of trend strength. For example:

• Rising OI and rising price indicates growing bullish sentiment.
• Rising OI and falling price suggests increasing bearishness.
• Decreasing OI and rising price may suggest a short squeeze or liquidation of positions.
• Decreasing OI and falling price suggests weakening market interest.