CommodityOnline

U.S. Oil closed higher on Friday, resuming the rally off April's low. The high range close sets the stage for a steady to higher opening when Monday's night session begins. Stochastics and the RSI are...

Trading ended with gold heading a lot higher after it found support at Wednesday's low of $1440. The ECB cut interest rate as expected gave gold prices a boost higher as it was initially trending...

Aluminium inventories gained at London Metal Exchange (LME) on Friday while all other base metals witnessed collapse. Aluminium stocks gained 4125 tons. Copper stocks declined 7425 tons while Zinc has...

Gold rebounded towards 1478.00 resistance, the area among 1478.00-1520.00 levels could provide a good medium-term sell, however we prefer to wait for a confirmation of a downside reversal, through...

Silver rebounded after testing the bottom of the ascending channel, currently testing the descending resistance for another minor channel. A break above this resistance could push price higher towards...

WTI crude oil failed to maintain the bearish direction, rebounded sharply in a choppy trade, invalidating the bearish scenario we suggested yesterday. The commodity is fluctuating around the 200-day...

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

Gold closed higher on Thursday. The high range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are bullish signalling that...

Natural Gas closed sharply lower on Thursday and the low range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are turning neutral to bearish signalling that...

U.S. Oil closed sharply higher on Thursday and is poised to resume the rally off April's low. The high range close sets the stage for a steady to higher opening when Friday's night session begins....

Last month, Comex Gold prices crashed by more than$200 an ounce - the steepest plunge in over 30 years. Along with Comex Gold, MCX Gold prices recorded the biggest ever fall of Rs 1250 per ten gram,...

A weaker than expected ISM manufacturing data, as well as a lower than expected ADP nonfarm employment change were not gold supportive. Despite a weaker U.S. dollar index, gold was heavily sold off on...

Aluminum inventories gained at London Metal Exchange (LME) on Thursday while all other base metals witnessed collapse. Aluminum stocks gained 10825 tons. Zinc stocks declined 2175 tons, while Copper...

The first target of Rs.794 has been achieved as per our recommendation on April 18 of going Short on MCX Nickel. Profits on Short positions should be booked at the current levels; fresh Short...

Gold fell yesterday, after failing at the 1478.00 resistance level. However, the metal found support at the 1448.00 level. A break with at least four-hour closing below 1448.00 is required to confirm...

Silver retested the support of the ascending channel, breaking below 23.70 horizontal resistance level and our first target. A break below the channel is needed to confirm further downside movement,...