CommodityOnline

Crude oil is in strong impulsive downtrend from 107.50 that appears incomplete as impulses are five wave pattern, but latest decline from around 96 looks like an extended wave 3 that could be looking...

Crude oil prices to find support in the range of 4,780 – 4,760 levels. Trading consistently below 4,760 levels would lead towards the strong support at 4,690 levels and then finally towards the...

Copper prices to find support in the range of 404 – 403 levels. Trading consistently below 403 levels would lead towards the strong support at 398 - 396 levels and then finally towards the major...

The price has recently try to breach the long term support line S at $ 17 (Previous Low). And a sharp correction till the $ 14.63/13 (target). Comex Silver has been in an downtrend since the past one...

Gold & Silver Trading Alert originally published on November 3rd, 2014 6:50 AM:Briefly: In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the...

The medium-term price trend still looks bearish and the downside move is now likely to extend further towards the previous low at $1130/1100 level. As per our previous recommendation dated 31st...

The 14-period RSI is above the support line and continues to tread lower indicating bearish momentum over the medium term.As per our previous recommendation dated 31st October 2014 of going Short on...

Prices bounce enough to help the trader to re-enter in the market. Any bounce should bring in sellers though, and we do believe that the resistance above will be more than enough to keep the market...

The medium-term price trend still looks bearish and the downside move is now likely to extend further towards the previous low at Rs.4448 level. As per our previous recommendation dated 10th October...

Brent Crude outlook is more negative with the breakout & below 8400 adds pressure to target 8775/70 then October lows at 8300/8295 for the December contract. Obviously this is important & a...

Zinc is the favored industrial metal to gain next year, according to a survey by the LME. A global industry group is forecasting supply deficits in 2014 and 2015. Zinc prices traded lower last week...

The global copper market is broadly expected to move into a significant surplus next year, but supply typically falls short of estimates due to unforeseen events such as strikes and problems in mining...

Silver prices continued to tumble for the third straight month as bulls were completely over powered by bears. On the downside, successful breach of the previous low of Rs.37211/kg has led to further...

Prices also retraced by around 50% during the month after it rallied from a low of Rs26313 per 10gms in September to a high of Rs27640 per 10gms in October. Gold prices traded sideways last month...

Resistance is now observed in the range of 245 - 246 levels. Trading consistently above 246 levels would lead towards the strong resistance at 251 levels, and then finally towards the major resistance...

Crude oil prices to find support in the range of 4,850 – 4,860 levels. Trading consistently below 4,850 levels would lead towards the strong support at 4,780 levels and then finally towards the...