CommodityOnline

In the past 2 weeks, we witnessed a volatile movement on major currencies as respective Central Banks governors and chairmen tried to outgun each other with at the 3 of them mentioning “forward...

Nickel and lead inventories gained at London Metal Exchange (LME) on Monday by 1902 and 125 ton respectively. Zinc stock declined 5850 tons while Copper stocks have fallen by 2925 tons. Aluminium...

Silver closed lower on Friday and the midrange close set the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are bullish signalling that sideways to...

Gold closed lower on Friday and 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 neutral to bullish signalling...

Natural Gas closed higher on Friday and the midrange close sets the stage for a steady opening on Monday. Stochastics and the RSI are turning neutral hinting that sideways to lower prices are possible...

US Oil closed higher on Friday and the high range close sets the stage for a steady to higher opening when Monday's night session begins. Stochastics and the RSI remain neutral to bullish signalling...

MCX Gold price after creating a two year low at Rs 24830 (S2) has give a sharp pull back rally and currently heading towards the previous top and the gap of Rs 29020. Also, the price is holding to its...

MCX Silver price after completing the anticipated downside move towards Rs.38800 level had a flat closing last week. However, the price at one point was up by more than 3%, but unable to sustain...

MCX Crude price has been rallying sharply after giving a break out at Rs 5500 (R) and made a life time high of Rs 6440. Momentum has been strong in the price indicated by higher tops and higher...

MCX Copper has recently witnessed a sharp pullback after it tested downward sloping trend channel S1 near Rs.368 level as shown above. The price has now moved above its resistance line show by dotted...

MCX Zinc price has not added to the gains made in the earlier week rallying to a four-week high above Rs.113.50 level, closing flat for the period. The price currently looks bullish, holding above its...

Inventories at London Metal Exchange (LME) witnessed a day without gainers on Monday. Zinc stock declined 5725 tons while copper stocks have fallen by 5675 tons. Copper stocks declined by 4400 tons.

Silver has been falling in a channelised manner since the last few months. It has formed a channel within a channel. On the downside, the white metal cracked through multiple previous lows and has...

WTI Crude Oil started a downside correction, extending towards 104.00 support area, holding above this area is necessary for not extending the losses. We expect an intraday bullish rebound, so long as...

Gold under renewed pressure after topping at 1300.00 level, the metal could be heading to retest the broken resistance area around 1270.00 before resuming the bullish wave, which remains in favor so...

A break below 19.78 will complete a minor bearish double top pattern, and that may push price lower at least towards a retest of the broken triangle and 19.50 level. On the other hand the breakout of...