CommodityOnline Analysis

Spot Silver To Cap Sharp Gain At $30 Levels By CommodityOnline - Apr 03, 2013

The price of MCX Silver recently broke the long term support line (S) at Rs.53533, and closed below the same.The price gave a sharp decline and is currently heading towards the previous low of $26.36....

Bearish Momentum On MCX Silver As RSI Turns Red By CommodityOnline - Apr 03, 2013

The price of MCX Silver recently broke the long term support line (S) at Rs.53533, and closed below the same. The price gave a sharp decline, and is currently heading towards the previous low of Rs...

Silver’s Low Range Close Sets Stage For Steady To Lower Opening By CommodityOnline - Apr 03, 2013

Silver closed sharply lower on Tuesday. The low range close sets the stage for a steady to lower opening when tonight's session begins. Stochastics and the RSI remain bearish, signalling that sideways...

Spot Gold: RSI, Stochastic Remain At Bullish Territory By CommodityOnline - Apr 03, 2013

Gold closed sharply lower on Tuesday. The low range close sets the stage for a steady to lower opening when tonight's session begins. Stochastics and the RSI are bearish, signalling that sideways to...

U.S Natural Gas May Hit High Soon On Positive Indicators By CommodityOnline - Apr 03, 2013

Natural Gas closed lower on Tuesday. The low range close sets the stage for a steady to lower opening today. Stochastics and the RSI are turning neutral to bearish, hinting that a short term top might...

Profit Booking On WTI Crude Oil, RSI Turns Bullish By CommodityOnline - Apr 03, 2013

U.S. Oil closed slightly lower due to light profit taking on Tuesday. The high range close sets the stage for a steady to higher opening when tonight's session begins. Stochastics and the RSI remain...

Gold Coiling For A Breakout At $1608 Levels By CommodityOnline - Apr 03, 2013

June gold futures have been in a relatively tight five day balance of $1590.40 to 1608.80. The last four trading day ranges are all within last Monday's (3/25) range.Monday (4/1) was an "inside day"...

Sluggish Demand For Gold And Silver By CommodityOnline - Apr 02, 2013

Gold bears seem relentless on pushing prices lower. In the last 2 days, we witnessed strong buying interest from the low of $ 1589 and $ 1591 area (20 DMA). The strength in gold prices soon waned...

Spot Silver Charts: Stochastic, RSI Turns Red; Trend Neutral By CommodityOnline - Apr 02, 2013

Silver closed lower on Monday. The midrange close sets the stage for a steady opening on Tuesday. Stochastics and the RSI are bearish, signalling that sideways to lower prices are possible near term....

Short Term Bullish On Spot Gold, RSI Bearish By CommodityOnline - Apr 02, 2013

Gold closed higher on Monday. The high range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI have turned bearish, signalling that a short term top might be in...

U.S Natural Gas Charts: RSI, Stochastic Still Positive By CommodityOnline - Apr 02, 2013

Natural Gas closed higher on Monday. The high range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI have turned neutral to bullish, signalling that sideways to...

WTI Crude Oil May Hit High Soon As Stochastic Turns Bullish By CommodityOnline - Apr 02, 2013

US Oil closed lower on Monday. The high range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI remain bullish, signalling that sideways to higher prices are...

MCX Copper: Key Target Breached By CommodityOnline - Apr 01, 2013

As we previously said on March 19, about going Short on MCX Copper, the second target of Rs.397 has been reached.In our view, profits on short positions (as per our previous recommendation) should be...

Spot Silver May Trade On Negative Note As RSI Turns Bearish By CommodityOnline - Apr 01, 2013

Silver closed unchanged due to market holiday on Friday. The low-range close sets the stage for a steady-to-lower opening on Monday. Stochastics and the RSI are bearish signalling that sideways to...

Spot Gold May Hit Low On Bearish Indicators By CommodityOnline - Apr 01, 2013

Gold closed unchanged due to market holiday on Friday. The low range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI have turned bearish signalling that a...

U.S Natural Gas: RSI, Stochastic Remain Positive By CommodityOnline - Apr 01, 2013

Natural Gas closed unchanged due to market holiday on Friday. The high range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI have turned neutral to bullish...

WTI Crude Oil To Trade Firm By CommodityOnline - Apr 01, 2013

U.S. Oil closed unchanged due to market holiday on Friday. The high range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain bullish signalling that sideways...