CommodityOnline

The MCX Crude price closed low compared to last week, after showing the one month rally price is showing weakness at higher levels. The price is currently unable to hold, and is heading towards the...

Silver closed higher on Monday. The high range close set the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI are neutral to bullish, signaling that a...

Copper and Nickel inventories gained at London Metal Exchange (LME) on Monday by 8775 and 276 tons respectively. Aluminium stock declined 3625 tons while Lead stocks fell by 2475 tons. Zinc stocks...

MCX Copper price has been trading firmly for the past 7 weeks, as indicated by higher tops and bottoms. Last week the price witnessed a sharp bounce from short-term support near the Rs.400 level. The...

As shown in the weekly chart below, the MCX Zinc Price has taken support at its long term upward sloping trend line placed at 100 levels. Last week, after taking support at these levels, prices...

MCX Lead is having a dream run. Apart from other base metals, Lead is showing good volatility on high volumes. The demand from battery manufacturers has been noted and decline in inventories withheld...

Gold continues to consolidate in an ascending triangle with higher lows while upside remains capped at $1400 level. Several attempts to overcome $1400 have only spark more selling. We also noticed...

Gold extended the rally toward our first target at 1420-resistance level, currently hesitating below it. A clear break above 1420 will confirm further upside towards the full upside target at around...

Silver moved higher yesterday, recording a high at 23.12 before retreating back below 23. The two key levels to monitor overt short term are 22 key support, and 23.28 key resistance, a break above...

WTI crude oil extended the bounce after failing at the 200-day SMA and 92.40 key support level, to retest the 50-day SMA and currently attempting to resume the bearish direction. Holding below the...

Silver closed higher on Thursday as it extends this week's trading range. The midrange close set the stage for a steady opening when Friday's night session begins trading. Stochastics and the RSI are...

Gold closed higher on Thursday renewing the rally off May's low. The high range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI...

Natural Gas closed lower on Thursday and the low range close sets the stage for a steady lower opening on Friday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher...

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

Aluminium and Nickel inventories gained at London Metal Exchange (LME) on Thursday by 6825 and 660 tons respectively. Zinc stock declined 5300 tons while Lead stocks have fallen by 2925 tons. Copper...

Gold is penetrating 1400.00 key resistance level, which is the resistance of the recent consolidation period, stability above the level signals further upside potentially towards 1440.00-1450.00 next...