CommodityOnline Analysis

US NG Charts: RSI, Stochastic Indicate Bullishness By CommodityOnline - Mar 20, 2013 1

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

WTI Crude Oil Track Bullish Trend By CommodityOnline - Mar 20, 2013

US Oil closed lower on Tuesday. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI remain neutral to bullish, signalling...

WTI Crude Oil Support Line Hods Down To 93.20 Area By CommodityOnline - Mar 20, 2013

We’re making the switch to the CLK3 as we’re headed into expiry tomorrow. We think that the volumes are still pretty light, but with everything else going on right now, oil is getting the...

MCX Copper Medium Term Bearish By CommodityOnline - Mar 19, 2013

In reference to our previous recommendation on March 12 to go short on MCX Copper: the first target of Rs.412 has been achieved.Profits on Short positions (as per our previous recommendation) should...

LME Inventory Data: Aluminium Stocks Zoom By 41150 Tons By CommodityOnline - Mar 19, 2013

London Metal Exchange: copper inventories continued to gain, while aluminium witnessed sharp gains rising by 41150 tons to 5223325 tons. Amongst the metals that witnessed decline in stocks, zinc fell...

Spot Silver Charts Indicate Sideways Trend By CommodityOnline - Mar 19, 2013

Silver closed slightly higher on Monday. The high-range close set the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral,...

Stochastics, RSI Bullish For Spot Gold: HY Markets By CommodityOnline - Mar 19, 2013

Gold closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are bullish, signalling that...

Natural Gas Futures Neutral To Bullish By CommodityOnline - Mar 19, 2013

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

WTI Crude Oil Charts Indicate Bullishness By CommodityOnline - Mar 19, 2013

U.S. Oil closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI remain bullish, signalling that...

Spot Gold Futures: Strong Barrier At $1604 Levels By CommodityOnline - Mar 19, 2013

The XAU/USD pair closed the session slightly higher than opening, but remained within the last 3 days trading range. Gold prices gained some ground against the greenback, after a series of weaker than...

Gold Steady, Silver Could Consolidate Further By CommodityOnline - Mar 18, 2013

Last week, we witnessed steady and higher gold prices, completing a second weekly gain. As Bloomberg reported, assets in gold backed ETF rose for the first time in five weeks. Spot gold is supported...

LME Inventory Data: Only Lead Witnesses Fall In Stocks By CommodityOnline - Mar 18, 2013

Copper inventories at London Metal Exchange (LME) rose 18100 tons to 543925 tons. Aluminium stocks gained 9100 tons at 5182175 tons. Only lead witnessed fall in inventory by 2000 tons at 275500 tons...

Friendly Outlook For U.S Oil; RSI Bullish By CommodityOnline - Mar 18, 2013

US Oil closed higher on Friday. The midrange close sets the stage for a steady opening when Monday's night session begins. Stochastics and the RSI remain bullish, signalling that sideways to higher...

Uncertainty On U.S Natural Gas As Indicators Remain Neutral By CommodityOnline - Mar 18, 2013

Natural Gas natural gas closed higher on Friday. The low range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain neutral to bullish, signalling that sideways...

MCX Gold May Hit Low Soon, Indicators Track Sideways By CommodityOnline - Mar 18, 2013

Gold closed higher on Friday. The low range close sets the stage for a steady to lower opening when Monday's night session begins. Stochastics and the RSI are neutral to bullish, signalling that...

MCX Silver May Decline As RSI, Stochastic Remain Bullish By CommodityOnline - Mar 18, 2013

Silver closed lower on Friday. The low range close set the stage for a steady to lower opening when Monday's night session begins . Stochastics and the RSI remain neutral to bullish, signalling that...

Copper: A New Move Up On The Making? By CommodityOnline - Mar 18, 2013

The last time we analyzed copper, we were buying at $3.75, anticipating an upside rally to the $4 area. Next day, we were stopped out with a few cents loss, and the price has dropped recently to as...