CommodityOnline

Silver is under pressure, pushing lower again and attempting to break below the ascending support for the bullish correction wave, meanwhile settled below 20.00-support level again. Accordingly, we...

WTI Crude is retesting the key support at 104.30-103.90 area, where we expect price to break it and head lower this week, however we prefer to wait for confirmation through stability below 103.90,...

MCX Gold price after creating a two year low at Rs.24830 level has given a sharp pull back rally and closed the last week above Rs.27500 level, a 1 month high. The price is currently inching higher,...

MCX Silver price has trading negatively since the past six months forming lower tops and lower bottoms within the downward-sloping trend channel C-C1. The price has recently rebounded from trend-line...

MCX Crude price corrected sharply from an all-time high at Rs.6535 level last week. The price fell and closed below a two week low at Rs.6200 level. A doji star pattern can be observed on the chart...

MCX Copper price last week was unable to go above its recent high of Rs.426.85 resulting into selling pressure in the commodity. The price, unable to breach above Rs.426.85 level and facing selling...

MCX Zinc price fell sharply last week after breaking support near Rs.110.7 which was a 61.8% Fibonacci retracement number. The price has earlier taken resistance near the 76.4% retracement near 114...

Silver closed lower on Friday. The midrange close set the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are turning neutral to bearish...

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 remain neutral to bullish...

Natural Gas closed lower on Friday as it extends last week's decline. The low range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are bearish signalling that...

US Oil closed slightly lower on Friday as it extends last week's decline. The midrange close sets the stage for a steady to lower opening when Monday's night session begins. Stochastics and the RSI...

As seen above in the daily price chart of MCX Natural Gas August contract, the price was trading in a mixed trend since the last couple of days following the trend line but yesterday prices breached...

Looking at the 4 hour charts, gold managed to put higher high and higher lows which suggest a bullish continuation. Elliot wave counts placed the current price action as a corrective move (a-b-c)...

The chart shows the 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 Friday by 19150 tons. Aluminium was the only gainer in the list. Zinc stock declined 4275 tons while copper stocks have fallen by 1775...

Gold climbed up to over $1,347 per ounce after the U.S. dollar slipped against other currencies. The American currency dropped to a one-month low slightly below 82 after extending a broad decline for...