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U.S. Oil closed higher on Monday and the midrange close sets the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI are turning neutral to bearish...
On Monday, all metals except copper witnessed a fall in inventory at the London Metal Exchange. Copper stocks rose by 2875 tons to 565350 tons, while Aluminium stocks fell sharply by 7525 tons and...
Yesterday was a very good day for gold, but today is somewhat the opposite. The big picture, however, is encouraging. It suggests that gold should is about to embark on another major upleg:This 5 year...
MCX Gold price fell from resistance near Rs.29900 level after completing the intended upside target of Rs.29800 last week. The price has been trading negatively, since the past four months forming...
MCX Silver price fell sharply last week, after testing trendline resistance R1 near Rs.55100 level, to close the week flat below Rs.54200 level. The price could now target trendline support S at...
MCX Crude Oil price traded range bound for a major part of last week, but inched higher towards the close to gain about 1% over the period. The price has recently been finding support at short-term...
MCX Copper closed last week with about a 1% loss, despite the price pulling back smartly from four month lows near Rs.412 level. The pullback rally is likely to extend in the current week towards...
MCX Zinc closed higher by about 1% last week as the price rebounded from a four month low, finding support near Rs.102.50 level. The price has been in a downtrend over the past six weeks, forming...
Silver closed lower on Friday. The low range close set the stage for a steady to lower opening when Monday's night session begins. Stochastic and the RSI are neutral to bullish, signalling that...
Gold closed lower due to profit taking on Friday. The low range close sets the stage for a steady to lower opening when Monday's night session begins. Stochastic and the RSI remain neutral to bullish,...
Natural Gas closed higher on Friday. The low range close sets the stage for a steady to lower opening on Monday. Stochastic and the RSI remain neutral to bullish, signalling that sideways to higher...
US Oil closed higher on Friday. The high range close sets the stage for a steady to higher opening when Monday's night session begins. Stochastic and the RSI are turning neutral to bearish, hinting...
When will the poverty status of global silver change…? From October- December, Silver was in a wonderful rally around 65000 levels. The commodity then started to collapse as soon as 2013 kicked...
Copper inventories gained 5025 tons to 562475 tons at the London Metal Exchange. Aluminium, nickel gained marginally by 200 tons and 474 tons respectively on Friday. Zinc was on top of metals that...
Silver closed higher on Thursday. The high range close sets the stage for a steady to higher opening when Friday's night session begins. Stochastics and the RSI are neutral to bullish, signalling that...
Gold closed higher on Thursday. The high range close sets the stage for a steady to higher opening when Friday's night session begins. Stochastics and the RSI remain bullish, signalling that sideways...
Natural Gas closed lower on Thursday. A low range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain neutral to bullish, signalling that sideways to higher...