CommodityOnline

MCX Crude August futures is trading at 6440 level. The prices were unable to break the previous high and settled lower at 6415 on weekly basis. The commodity is currently hovering between 38.2% and...

Sliver closed higher on Friday while extending the trading range of the past seven weeks. The high range close set the stage for a steady to higher opening when Monday's night session begins trading....

Gold closed higher on Friday. The high range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bullish...

Natural Gas closed lower on Friday leaving Thursday's key reversal up unconfirmed. The low range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are oversold but...

US Oil closed higher ending a five-day correction off last Friday's high. The high range close sets the stage for a steady to higher opening when Monday's night session begins. Stochastics and the RSI...

Gold is a lot weaker after a good corrective run higher but there are many other factors that can give the yellow metal some support. Pausing above the 50% retracement area could allow the gold bulls...

Lead and nickel inventories gained at London Metal Exchange (LME) on Thursday by 200 and 120 ton respectively. Copper stock declined 4025 tons while zinc stocks have fallen by 3125 tons. Aluminium...

The chart shows price movement of MCX Aluminium. MCX Aluminium has been trading in a medium-term downward sloping channel. Recently, from the lower channel line, the base metal has moved up...

Gold bounced higher yesterday, however remains below the minor descending resistance for the latest bearish wave, in addition to 1300.00-1308.00 resistance area. the bounce comes after breaking and...

Silver rebounded after failing to break 19.25 support once again, but the price remains within the context of the recent sideways market, and below the main descending resistance shown on chart, in...

WTI Crude Oil extended the decline below the ascending support shown on chart, the break below the trend line suggest the move may extend towards the bottom of this sideways range near 102.50....

Silver closed unchanged on Wednesday and the high range close set the stage for a steady to higher opening when Thursday's night session begins trading. Stochastics and the RSI remain neutral to...

Gold closed higher as it consolidated some of Tuesday's decline on Wednesday. The high range close sets the stage for a steady to higher opening when Thursday's night session begins trading....

Natural Gas closed lower on Wednesday as it extends the decline off May's high. The low range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI remain neutral to...

US Oil closed lower for the fourth day in a row on Wednesday. The low range close sets the stage for a steady to lower opening when Thursday's night session begins. Stochastics and the RSI are turning...

A break below the psychological level at $ 1300.00 was a big blow to gold bulls. The first reason is that gold failed to trade back into the uptrend channel line (which was created from previous low...