CommodityOnline

Gold reverses just shy of our measured target at 1,450.00 level yesterday. Nevertheless, it is still recommended to remain long from long positions taken earlier and add on intraday dips. Please book...

Gold maintains the structure of the bullish correctional wave, as price rebounded and attempting to settle above 1428.00 resistance, invalidating the previous bearish scenario. We will wait for...

Silver has broken the ascending support of the consolidation pattern, shown on image, to record a low at 22.60 yesterday before rebounding again. A retest of the broken ascending support is possible,...

Sharp bear run: Silver has slid sharply in April from the month's high at 28.06 to a 22.02 low, a 21.4% dip within a week of price action.Consolidation: Since finding support near the 22.00 handle,...

Silver closed lower on Tuesday as it extended last week's trading range. The midrange close set the stage for a steady opening when Wednesday's night session begins trading. Stochastics and the RSI...

Gold closed lower on Tuesday and the midrange close sets the stage for a steady opening when Wednesday's night session begins trading. Stochastics and the RSI are bullish hinting that a short term low...

Natural Gas closed lower on Tuesday as it consolidated some of the rally off January's low. The low range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI...

US Oil closed slightly higher on Tuesday as it extended the rebound off the 75% retracement level of the June/September 2012 crossing. The high range close sets the stage for a steady to higher...

Copper and Nickel inventories gained at London Metal Exchange (LME) on Tuesday while Lead, Zinc & Aluminium witnessed decline in stocks. Copper stocks gained 8525 tons while Nickel rose by 570...

In the months of 2009, prices made a low of 1625 and completed impulsive move on downside. Thereafter, prices moved higher in a corrective manner consecutively for three years (2009-2012) and made a...

WTI crude oil retested the previously broken support level. which turned into a key resistance around 89.00-89.40 area. It managed to push price again lower as expected. We maintain our negative view...

Gold is struggling to break above 1428.00 resistance level. The price has formed a bearish shooting star candle, failing to record a closing above the level on a four-hour closing basis. We may see...

Silver failed at 23.70-24.00 resistance again, currently challenging the ascending support for the recent consolidation phase. A break below this support could lead to a retest of the recently...

Gold closed higher due to short covering on Monday. The mid-range close sets the stage for a steady opening on Tuesday. Stochastics and the RSI have turned bullish, hinting that a short-term low might...

Natural Gas closed sharply lower on Monday, consolidating some of the rally off January's low. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI...

U.S. Oil closed higher due to short covering on Monday. The high-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI remain neutral to bearish, signaling that...