CommodityOnline

MCX Zinc formed a large ending diagonal and tumbled down sharply from there. After the sharp fall, it has done a pullback, which has retraced 78.6% of the previous fall. The bears have put up a strong...

Gold moved lower, following the break below the main ascending support for the latest bullish wave, and the 50-days SMA, approaching 1268.00-horziontal support level. The bearish scenario continues to...

Silver continues to push lower, approaching 19.25 key horizontal support level. A break below the aforementioned support will signal further downside and clears the way towards the resumption of the...

WTI Crude Oil continues to break lower and pushes below 105.85 support level, to invalidate our earlier scenario. The price is approaching the ascending support shown on image; further downside is...

At the moment, the gold price is still range bound and a break on either side will determine a specific direction. Should it break below 1283, it will trigger more stop loss and could easily take gold...

After a correction from the 2013 low of 1180.15 to 1346.48, gold price has fallen back below 1300 and looks like it is reviving its downtrend that goes back to 2012. The dip has also cleared a rising...

Silver closed lower on Tuesday as it extends the trading range of the past seven weeks. The low range close set the stage for a steady to lower opening when Wednesday's night session begins trading....

Gold closed lower on Tuesday and below last Friday's low crossing confirming that a short term top has been posted. The low range close sets the stage for a steady to lower opening when Wednesday's...

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

US Oil closed lower on Tuesday as it consolidated some of last week's rally. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the...

The adjacent 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...

Aluminium inventories gained at London Metal Exchange (LME) on Tuesday by 13950 ton. Nickel gained by 696 and Lead gained by 425 tons. Sudden rise in stocks may impact aluminium futures. Copper stock...

Gold breaks back below 1300.00 and approaching Friday’s key low at 1283.00, breaking below 1300.00 reverses the bias to bearish; however holding below 1300.00 over daily closing basis may...

Silver moved lower yesterday, continues to trade below the key descending resistance levels shown on chart, and below the broken ascending support for the latest bullish correction. Accordingly, the...

WTI Crude oil pushed lower yesterday but remains holding above 106.00-105.80 horizontal support area, in addition to the ascending support for the overall bullish wave. Accordingly, the bullish bias...

Silver closed lower on Monday as it extends the trading range of the past seven weeks. The low range close set the stage for a steady to lower opening when Tuesday's night session begins trading....