CommodityOnline

WTI Crude Oil resumed the strong bearish move suggested for Thursday. After completing a retest of the broken ascending support around 97.05, the commodity resumed the bearish direction dipping below...

Gold extended the decline on Thursday, toward 1275.00 level, which is the 127.1 extension level for the latest bullish wave as shown on the daily chart. An upside correctional bounce seems likely, but...

Silver tested the 19.50 support level before bounding on Friday morning, approaching 20.00 level. Holding below the 20.00 mark and the previous low at 20.13 favors further downside and a continuation...

US Oil closed lower on Thursday. The low range close set the stage for a steady to lower opening for the beginning of Friday night's session. Stochastics and the RSI remain bullish, signaling that...

We maintain our bearish view on gold, and for the selling to continue a little longer. In a healthy market, the sellers usually face exhaustion and we felt that the gold market could consolidate...

Aluminum inventories gained at London Metal Exchange (LME) on Thursday by 19725 tons, while Copper gained by 4800 tons. Zinc stock declined 3500 tons while Lead stocks fell by 1500 tons. Nickel stocks...

For the last few months, analyst were talking about the collapse of gold below $1300 levels. On the MCX Gold charts, it looks like a 1999-2011 retracement rally.Gold prices at MCX are now trading down...

One of the primary reasons investors flock to Gold is due to its perceived safe-haven status. However, this key pillar of support was taken away earlier when the FOMC stated that downside risks to the...

Gold extended the expected decline, reaching 1339.00 horizontal support. The metal is approaching the latest major low at 1321.00 level, however 1339.00 should be broken to confirm the move. Overall,...

Silver remained under downside pressure, after breaking the minor ascending support for the latest consolidation period. Price is extending the decline, approaching 21.00, and is expected to continue...

WTI Crude Oil reversed its course. After breaking, support is at 97.65, and tentatively breaking below the ascending trend line for the latest bullish wave as indicated on the chart. The bearish bias...

Gold closed sharply lower on Wednesday. The low range close sets the stage for a steady to lower opening when Thursday's night session begins. Stochastics and the RSI remain bearish, signaling that...

Silver closed lower on Wednesday. The low range close set the stage for a steady to lower opening when Thursday's night session begins. Stochastics and the RSI are neutral to bearish, signaling that...

Natural Gas closed higher on Wednesday. The midrange close sets the stage for a steady opening on Thursday. Stochastics and the RSI are turning neutral to bullish, hinting that a low might be in or is...

U.S. Oil closed lower on Wednesday. The midrange close sets the stage for a steady opening when Thursday's night session begins. Stochastics and the RSI remain bullish, signaling that sideways to...

Natural Gas closed lower on Thursday. The low range close set the stage for a steady to lower opening on Friday. Stochastics and the RSI are turning neutral to bullish, hinting that a low might be in...