CommodityOnline

Aluminum: Aluminum’s 3 month forward prices at the LME rose for three consecutive trading sessions and ended the day at $1785, up by $27 from the previous close. Therefore, the MCX April futures...

MCX Natural Gas April as seen in the weekly chart above has opened the week at 273.90 levels and made a high of 275.50 levels. As expected prices corrected 0.81% lower from the resistance levels....

MCX Crude oil April as seen in the weekly chart above has opened the week at 6,111 levels and during this week price made a low of 5,994 levels. Prices could not able to breach the support of 5,950...

MCX Copper April as seen in the weekly chart above has opened at 399.20 levels and during this week prices made a high of 405.20 levels. At the same time as expected prices corrected from the higher...

MCX Silver May as seen in the weekly chart above has opened the week at 44,510 levels with gap down opening and during this week the open and high was the same levels and as expected in the week...

MCX Gold June as seen in the weekly chart above has opened the week at 29,088 levels with gap down opening and during this week prices made a high of 29,141 levels and as expected price corrected...

Zinc 3 month forward prices at the LME as of Friday 5:50 PM IST was seen trading at $1985, up by 1.72% from its previous close. Likewise, the MCX March contract is trading at Rs 119, up by 0.30%....

As of Friday 5 PM, copper prices at the LME were seen trading at $6650, up by 2.5% from its previous close. Likewise, the SHFE copper futures May contract settled the week at Yuan 46330 per MT, up by...

Aluminum: Monday’s review report is an excerpt from our weekly metals report. As of Friday close aluminum’s 3 month rolling forward contract ended the week at $1758, up by more than $20+...

As expected on Thursday, copper may make an odd stand out and remain bullish among the peers. The same was noticed and copper closed at $6561, up by $51 from its previous close. Likewise, at the MCX...

Aluminum: We had suggested a sell view on aluminum in Thursday’s trading session while prices were seen trading down until early in the US session. Later on, aluminum recovered slightly and its...

Crude: We’re hoping for better volumes in April than what we’ve seen in March. Regardless, it’s staring to look like we’re not going to get out of this current range for the...

Gold is still looking weak and bearish as is has broken the important support prices. Any bounc till 29300 level will be good level to enter in short with stop above 29440 while support at 28960 and...

GoldWith Gold weakening and reversing its previous week gains the past week, further downside is likely in the days ahead. Support comes in at the 1,320.39 level. This if taken out will pave the way...

Natural Gas prices on the MCX witnessed fourth consecutive weekly loss, as prices went to its lowest levels seen since mid January this year. Daily technical also showed RSI Indicator trading near to...

Crude Oil prices recovered in the previous week after closing in red for two con-secutive weeks. Prices once again managed to close above support of Rs 6040/bbl odd levels, which is a bullish sign for...