Commodities Analysis & Opinion

The bulls took control overnight, breaking through the $1280 resistance level and approaching the 200 DMA for the first time in a year. The 50 and 20 DMAs are both pointing upwards and gold has...

Comex Gold has been in an downtrend since the past one year forming lower tops and flat bottoms within the channel (R-S). The price has recently broken the short term resistances line (R) at $ 1250...

MCX Gold has been in an flat trend since the past four months forming lower tops and flat bottoms within the channel (R1-S1). The price has recently taken support from the short term support line (S1)...

Natural Gas once agains showed massive volatility as prices moved up by more than 19 % from its opening levels of Rs. 302 per mmbtu on MCX in a single week to touch a high of Rs. 359.40 per mmbtu,...

Crude oil prices formed strong bottom last week and recovered sharply after it failed to breach previous week’s low marked on charts at MCX. Prices formed a bullish candlestick formation and is...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular is up two cents an Premium a penny. Regular and Premium are...

Gold prices recovered last week and witnessed its sixth weekly gain in last seven in the international market, whereas it was the fifth week of gains out of seven at MCX. Though prices traded...

--Lead was the another major loser along with the Aluminum in the yesterday's trading session at the LME platform down by 0.7%. --On the inventory front, lead stocks have been broadly declining since...

CLWest Texas Intermediate crude gained for a fifth day, gaining 18 cents to six weeks high. Supplies at the delivery point for futures may have dropped for a second time. WTI for March delivery...

Crude oil is trading at its highest in six weeks on optimism that the Federal Reserve`s new head, Janet Yellen, will signal during her first testimony on monetary policy and economic outlook since she...

Precious-Gold resumed its rally for a third straight session on Tuesday, hovering near 3-month high, on expectations may Fed may pause or slowdown the pace of stimulus cut, where eyes will focus today...

Gold is at the new highs already after breaking out of a triangle yesterday. We believe that price is now in wave (c) of a second zigzag that may form a top in 1290-1300 area. Keep in mind that...

Sorry King Midas, but nobody cares about what you touch anymore. That shimmery stuff you melt down to make rings and things has lost its luster. Gold was the talk of the town around $1,900 an ounce...

Gold future base reinforced; upside risk through 1294 for 1308Still building on the solid rebound from our trend line support, now 1247, that rejected an easing of bull risk, to now push through the...