CommodityOnline

Gold moved higher again yesterday after retesting the broken descending resistance. It has now turned into support around the 1390.00 level. We would like to see price break above 1420.00 level to...

Silver moved higher yesterday. It continues to be range-bound below 23.30 and above 22.00 key levels. A breakout of this rectangular consolidation is needed to accelerate the momentum and indicate the...

WTI crude oil rallied yesterday to settle back above the 200-days SMA and 92.40 level, threatening the bearish continuation scenario. We prefer to move to the sidelines for now, and monitor price...

The MCX Crude Oil June expiry contract is forming a double top at 5400 range. The neckline is at 5160 on the daily chart, while it’s also forming an H&S pattern on the 4hourly chart with the...

The only thing that’s free right now is the air that we breathe. Other than that it costs to manufacture every object and commodity in the world. It takes a certain amount of money to extract a...

Gold closed higher on Monday. The high range close sets the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI remain neutral to bearish, signaling that...

Natural Gas closed higher on Monday. The midrange close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI remain bullish, signaling that sideways to higher prices are...

U.S. Oil closed higher on Monday. The high range close sets the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI are bearish, signaling that sideways...

After a worse than expected U.S. Manufacturing ISM data, the dollar index fell through support level of 83.00 and retested previous resistance at 82.50. Buyers flock to gold as equities failed to...

Nickel inventories gained at the London Metal Exchange (LME) on Monday by 360 tons. Zinc stock declined 4025 tons, while Lead stocks fell by 3450 tons. Copper stocks declined by 3150 tons.

Gold prices at MCX are witnessing a bullish rally towards 28000 levels. The August contract is showing good acceleration, and is now trading around 26900-27187 levels for the week.The inverted cup was...

Silver closed lower on Friday, extending this week's trading range. The low range close set the stage for a steady to lower opening when Monday's night session begins. Stochastics and the RSI are...

Gold closed lower on Friday, consolidating some of Thursday's rally. The low range close sets the stage for a steady to lower opening when Monday's night session begins. Stochastics and the RSI are...

Natural Gas closed lower on Friday, extending 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, signaling that...

U.S. Oil closed lower on Friday, extending last week's decline. The low range close sets the stage for a steady to lower opening when Monday's night session begins. Stochastics and the RSI remain...

The MCX Gold price is trading in the narrow range between Rs. 25200 – 27712 (S-R2) from last month. After giving a pullback rally from Rs 25200 till 27200, the price is showing weakness and...