CommodityOnline

The chart shows the price movement of MCX lead (second month continuous chart). From the low of 105.2, lead formed a sharp rally. It retraced nearly 78.6% of the entire previous fall. However, the...

Gold penetrated the resistance of the pennant continuation pattern, suggesting a move higher is likely today, as price may extend the bullish wave after a short phase of consolidation. Accordingly, we...

Silver settled back below the ascending support for the correctional wave, and below 20.10 horizontal support level which turns into resistance now. Accordingly, the bearish scenario is favored...

WTI Crude broke below 103.90 support level, and extended the move to 102.65 yesterday, a retest of 103.90 resistance could provide another opportunity to short oil targeting 102.30 next potential...

Silver closed lower on Tuesday. The midrange close set the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are bearish signalling that a...

Gold closed lower on Tuesday. The high range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI have turned bearish hinting that...

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

US Oil closed lower on Tuesday. The low range close sets the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI are bearish signalling that sideways to...

Gold is consolidating above 1300.00 broken resistance level, within a minor pennant continuation pattern, which suggests a breakout and continuation of the bullish wave, where price should confirm the...

Silver continues to hover at the ascending support of the bullish correctional wave, fails to decisively break the level and confirm the bearish scenario. Accordingly, we remain neutral awaiting a...

WTI Crude retreats again, after bouncing higher yesterday the price retreats quickly to and re-push towards the key support area among 103.90-104.30. A break below this support would confirm our...

As per our previous recommendation dated 25th June 2013 of going Short on MCX Silver, price made a low of Rs 38536 against target of Rs.37990.Hence, in our view, profits on Short positions (as per our...

Silver closed lower on Monday. The low range close set the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI have turning bearish signalling that...

Gold closed lower on Monday and the midrange close sets the stage for a steady opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish hinting that...

Natural Gas closed lower on Monday as it extends this decline off May's high. The midrange close sets the stage for a steady opening on Tuesday. Stochastics and the RSI are bearish signalling that...

US Oil closed slightly lower on Monday as it extended the decline off July's high. The midrange close sets the stage for a steady to lower opening when Tuesday's night session begins. Stochastics and...