CommodityOnline Analysis

WTI Crude May Trade On Bullish Note By CommodityOnline - May 07, 2013

WTI crude oil retreated sharply yesterday, to retest the previously broken 94.80 resistance which turned into support. Holding above this support is required for the bullish bias to remain dominant....

Spot Silver May Trade Firm On Global Sentiments By CommodityOnline - May 07, 2013

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

Spot Gold May Hit High Soon On Positive Indicators By CommodityOnline - May 07, 2013

Gold closed higher on Monday. The midrange close sets the stage for a steady opening when Tuesday's night session begins. Stochastics and the RSI remain bullish, signalling that sideways to higher...

Weakness On U.S Natural Gas, Support At 3.92 Levels By CommodityOnline - May 07, 2013

Natural Gas closed lower on Monday. The midrange close sets the stage for a steady opening on Tuesday. Stochastics and the RSI remain bearish, signaling that additional weakness is possible near term....

WTI Crude Oil May Trade On Positive Bias By CommodityOnline - May 07, 2013

US Oil closed higher on Monday. The midrange close sets the stage for a steady opening when Tuesday's night session begins. Stochastics and the RSI are neutral to bullish, signaling that sideways to...

MCX Gold Could Edge High To Medium Levels By CommodityOnline - May 06, 2013

MCX Silver May Witness Recovery From Lower Levels By CommodityOnline - May 06, 2013

MCX Crude Oil May Extend Rally Towards 5290 Levels By CommodityOnline - May 06, 2013

MCX Copper May Trade On Positive Bias By CommodityOnline - May 06, 2013

MCX Zinc May Track Bullish Path By CommodityOnline - May 06, 2013

Spot Gold May Break Out To 1478 Levels By CommodityOnline - May 06, 2013

After fluctuating heavily on Friday, the metal ended the trading session higher, continuing to push for a break above 1478.00 resistance. Holding above 1478.00 will open the door for another leg...

Spot Silver May Find Support At $23-24 Levels By CommodityOnline - May 06, 2013

Silver dipped sharply on Friday, and rebounded again after testing the support of the ascending channel shown below. The short term bullish bias is still favored, targeting mainly the 25.00 level,...

WTI Crude Oil Could Witness A Bull Rally By CommodityOnline - May 06, 2013

WTI crude oil extended the rally, approaching the top of the medium term sideways trading range as shown on chart. The first major resistance resides at 97.70 which is April’s high, followed by...

Gold Bounce To Higher Levels Possible By CommodityOnline - May 06, 2013

In my last missive, I looked at the long term trend for gold. It was bearish at the time, and nothing has changed in the price action since to change that long term bearish prognosis. However, I can...

Spot Silver Could Hit High Soon On Positive Indicators By CommodityOnline - May 06, 2013

Silver closed higher on Friday. The midrange close set the stage for a steady opening when Monday's night session begins. Stochastics and the RSI are bullish, signaling that sideways to higher prices...

Spot Gold For Stable Trading As RSI Turns Positive By CommodityOnline - May 06, 2013

Gold closed higher on Friday. The midrange close sets the stage for a steady opening when Monday's night session begins. Stochastics and the RSI are bullish, signaling that sideways to higher prices...

U.S Natural Gas Could Trade Weakly On Bearish Indicators By CommodityOnline - May 06, 2013

Natural Gas closed higher due to short covering on Friday. The high range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bearish, signaling that additional...