CommodityOnline

MCX Silver futures is in the hands of the investors. He should take the decision whether to give a red or green signal for the commodity in the rallies. Traders taking sell position impacted silver...

Aluminium inventories gained at London Metal Exchange (LME) on Monday by 14575 tons while nickel gained by 228 tons. Zinc stock declined 5400 tons while Copper stocks have fallen by 3500 tons. Lead...

MCX Gold price fell sharply last week to a 2-year low at Rs.24830 level, only to recover later in the period to close above Rs.25600 level. Despite the recovery, the price ended the week lower by...

MCX Silver price fell sharply last week, completing the anticipated downside move towards Rs.38800 level. However, the price at one point was down by more than 7%, but managed to recover smartly to...

MCX Crude price last week after taking support of the immediate support line near Rs.5650 level rallied sharply towards the channel resistance line C1. However, last week’s failed attempt to...

MCX Copper has recently witnessed a sharp pullback after it tested downward sloping trend channel C1 near Rs.368 level as shown above. The price has now moved above its resistance line show by dotted...

MCX Zinc price added to the gains made in the earlier week rallying to a three-week high above Rs.111 level, closing higher by more than 1% for the period. The price currently looks bullish, holding...

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

Gold closed higher 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 remain neutral to bearish...

Natural Gas closed lower on Friday and the midrange close sets the stage for a steady opening on Monday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible...

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

Zinc inventories gained at London Metal Exchange (LME) on Friday by 3775 tons while Lead gained by 300 tons. Aluminium stock declined 6875 tons while Copper stocks have fallen by 1650 tons. Lead...

Gold failed to hold above the 161.8% extension level at 1220.00, and extended the bearish wave to 1180.00, invalidating our earlier bullish rebound scenario. Despite the selloff, RSI remain lagging...

Silver retested our entry level at 18.30, at the 161.8 percent Fibonacci extension level, before bouncing again towards our first target at 19.00. Overall, the strong bullish divergence on RSI and the...

As suggested yesterday, WTI Crude Oil extended the bullish wave after breaking 96.00 levels, to reach areas at 97.60-97.65 resistance. Despite the strong bullish bias, the overall trend remains...

Gold prices consolidated slightly after finding support around 1220. But after a brief consolidation during the previous 6/26 session, it fell against as the 6/27 session was winding down. The...