CommodityOnline

WTI Crude January should struggle to make gains again today with 9425/9450 likely to cap. Only a break above 9455 turns the outlook more positive & can target 9535/40, possibly as far as 9500/10....

Gold broke 1268/67 in the bear trend & then broke October lows at 1252/51 reaching 1241. We are a little oversold short term but fighting the bear trend is not advised. There is still a risk of...

Looking at the chart of silver from today’s point of view, we see that at the end of the previous week, the white metal (similarly to gold) moved higher after Federal Reserve Chair Nominee Janet...

Crude: Not that there’s much difference in our chart, but we’re moving our interests to the next month ahead; CLF4. Hard to believe we’re already into the new year, but we do hope it...

Gold hit strong trend line resistance at 1289/90 & topped exactly here as predicted. We collapsed towards our lower target of 1268/67. Today's outlook remains negative so watch for a break below...

Silver broke 2050/40 & hit the target of trend line support at 2025 for a buying opportunity. We bottomed almost exactly here at 2022 & could trade higher today but longs here need stops below...

Brent Crude bottomed exactly at our buying opportunity of 107.65/55 & this trade worked perfectly as we returned to resistance at 108.45/55. We struggled here as expected with the short term...

WTI Crude unable to reach 9445 in a near 3 month bear trend & as expected we saw lower prices at the start of the week.Immediate resistance at 9320 & below here keeps the market under pressure...

Economics is an ironic science (if it is science at all by physicists’ standards). One can be perfectly correct about various phenomena in general, but offer completely wrong predictions in...

Silver just hovering below resistance at 2090. A break above 2090 is possible today & targets 2105, possibly trend line resistance at 2115 to exit any longs. If we continue higher look for a...

WTI Crude could not reach as far as 9480/90. We are still in a near 3 month bear trend & there is a risk of lower prices at the start of the week. Back below 9360 is more negative & sees 9320....

MCX Crude December as seen in the weekly chart below has opened the week at 6083 levels initially moved higher, but has found very good resistance at 6165 levels. Later prices fell sharply towards...

MCX Copper November as seen in the weekly chart below has opened at 457.90 levels initially moved higher but has found good resistance at 460.15 levels. Later prices fell sharply breaking both the...

MCX Silver December as seen in the weekly chart below has opened the week at 48,500 levels initially moved marginally higher but has found very good resistance at 48,573 levels. Later prices fell...

MCX Gold December as seen in the weekly chart above has opened the week gap up at 29,763 levels initially moved marginally lower, but has found support at 29,727 levels. Later prices rallied sharply...

Natural Gas continued lower as predicted to support at 3495/87 & bottomed exactly here at 3491 as expected. We shot higher beating 3595 but not quite as far as our selling opportunity at 3625.A...