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Gold closed higher on Wednesday. The midrange close sets the stage for a steady opening when Thursday's night session begins. Stochastics and the RSI are bullish, signaling that a low might be in or...
Natural Gas closed slightly higher on Wednesday. The midrange close sets the stage for a steady opening on Thursday. Stochastics and the RSI remain bearish, signaling that sideways to lower prices are...
U.S. Oil closed higher 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 are turning neutral to bullish,...
MCX Natural Gas has been behaving like a See-saw in recent weeks. The rally was a dream trip for natural gas until 242 levels, but aggressive sell off from these levels has shown the real face of a...
The yellow metal is holding the short-term immediate line of support as depicted here. It is recommended to hold long positions for now, since the overall structure remains constructive for bulls; a...
Gold bounced back above 1400.00, while the overall short term price behavior continued sideways with a slight bullish bias. Price maintains the series of higher lows for the latest bullish wave that...
Silver maintains the thin trade which has barely changed since yesterday, where price continues to hover below 23.30 key resistance and above 22.00 key support level. A breakout after this period of...
WTI crude oil rallied yesterday to break and settle above the neckline for an inverted head and shoulders pattern, in addition to the 50-days SMA. The price is currently retesting the broken neckline,...
The market remains choppy as gold has once again faced selling pressure after it broke above $ 1400.00. It is becoming a repetitive ritual as the higher prices above the psychological level is...
Aluminum inventories gained at the London Metal Exchange (LME) on Wednesday by 8150 tons. Aluminum was the only gainer on the list. Zinc stock declined by 5275 tons; Lead stocks fell to 210400 tons....
“One day positive and one day negative is the strong sign of sideways action in yellow metal. If prices failed to breach the previous high of 1421 levels then there is probability of negative...
Silver closed lower on Tuesday as it extends a two week old trading range. The midrange close set the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI...
Gold closed lower on Tuesday. The midrange close sets the stage for a steady opening when Wednesday's night session begins. Stochastics and the RSI are bullish, signaling that a low might be in or is...
Natural Gas closed higher on Tuesday as it consolidated some of last week's decline. The midrange close sets the stage for a steady opening on Wednesday. Stochastics and the RSI are bearish, signaling...
U.S. Oil closed higher on Tuesday. The midrange close sets the stage for a steady opening when Wednesday's night session begins. Stochastics and the RSI remain neutral to bearish, signaling that...
Silver is losing its clutch on Gold, unaffaected by higher tops and higher bottoms in gold . As the charts indicate, silver has not recovered from the April collapse yet.Silver prices at MCX are...
I hadn't expected to write about copper again so soon, but it was the biggest mover in futures markets Monday morning, up 1.3% at 3.355, and shows the most compelling price structure from a swing...