CommodityOnline

Natural Gas closed sharply higher on Thursday, extending the rally off January's low. The high range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are...

On Thursday, U.S. Oil closed higher due to short covering. The high range close set the stage for a steady to higher opening on Friday. Stochastics and the RSI remain neutral to bearish, signaling...

That was the question I asked myself after being 100% cash into the last hour Thursday, and seeing the bottom fall out on the gold stocks yet again. Classic trading methodology teaches not to try and...

The last week has been a fright fest for the gold “community”. But these are the financial markets, not a community. There is a world outside of whatever is going on in gold and silver. A...

Gold fluctuated yesterday, but remained below the key short term level at 1400.00. The ongoing consolidation could be a bearish continuation pennant formation. Accordingly, the bearish scenario...

Silver is attempting to resume the bearish wave, after unloading some of the excessive oversold conditions. Over the near term, the 24.00 level should form a ceiling for bounces. Otherwise, a push...

Silver closed lower on Wednesday. The low range close set the stage for a steady to lower opening when Thursday's night session begins. Stochastics and the RSI are bearish, signaling that sideways to...

Gold closed higher on Wednesday, below the 50% retracement level of the 20082011 rally crossing. The low range close sets the stage for a steady to lower opening when Thursday's night session begins....

Natural Gas closed higher on Wednesday. The midrange close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are diverging and turning neutral to bearish, hinting that...

U.S. Oil closed lower on Wednesday. The low range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI remain neutral to bearish, signaling that sideways to lower...

WTI crude oil bounced on Tuesday. We see the rebound as a mere correction towards the broken support areas at 89.35. The overall technical picture has turned negative, breaking key technical levels...

Silver retested 23.70 resistance on Tuesday, unloading some of the server oversold conditions on RSI before retreating again. Holding below 23.70 will keep the bearish bias in favor. On the other...

Gold moved higher in a correctional bounce yesterday, retesting 1400.00 level. The excessive oversold conditions on different timeframes was the main catalyst for the move, where we mentioned earlier...

Yesterday, gold put up a decent rebound after touching a low of $ 1325. The low was registered during the late U.S. trading hours, when the market is thin. As Asian trading hours enter the re-open,...

Silver closed lower on Tuesday. The midrange close set the stage for a steady opening when Wednesday's night session begins. Stochastics and the RSI are bearish, signalling that sideways to lower...