CommodityOnline

We made quite the move higher yesterday, but a few things to notice on the chart. We didn’t move RSI too much past neutral and we failed to get past the 8880 area. These two things are going to...

The one-month charts of LME three-month Zinc futures and December Zinc at India’s Multi Commodity Exchange (MCX) is showing a similar uptrend but LME has shown a much sharper uptrend than...

We are seeing a little more weakness this morning, but with the light volumes, it’s easy to push the market in a trending direction for a few minutes. We aren’t getting a lot of other...

Hedge funds and money managers returned to commodities last week, according to Saxo Bank. As of November 20 they increased their net long positions in the 24 commodity futures tracked in this report...

By Joseph SouhlakisJanuary Nymex crude oil futures have been trading within last Tuesday's (11/20/12) 86.17 to 88.79 range for the past four days. Additionally, Monday is "inside day" (Monday's range...

MCX Natural Gas December contract has hit resistance at 224 levels and has eased slightly but fundamentals (cold weather in USA, Europe) continue to provide firm support for prices.However, as seen in...

Two major moves higher occurred in light of this weakening dollar on Friday in both gold and silver futures. The precious metals had a very strong move higher after the U.S. Presidential election and...

An analysis of gold and dollar charts show that stocks and gold are now due for a short-term breather. Why is that, you ask, if all markets have just formed major intermediate cycle lows? The reason...

Strong gains were seen across global stock markets this week which further helped to improve investors’ attitude towards riskier assets such as commodities. The dollar fell against an index of...