Commodities Analysis & Opinion

In line with our yesterday’s suggested bearish scenario, oil has plummeted below 76.4% Fibonacci retracement level. More bearishness to be witnessed over intraday basis due to the candlestick...

Silver continued to slip after breaching 50% Fibonacci level as seen on the provided daily graph. Coming below Linear regression lines in addition to negativity on MACD and RSI14 should assist bears...

Gold is still trading below 61.8% Fibonacci level along with a breakout below support line of the corrective channel. Still, there is a room down towards 1172.00, while clearing it will trigger...

In all the media coverage about gold silver is often its forgotten cousin, and yet just like the precious metal, silver too has been battling to hold onto some semblance of bullish sentiment. However,...

Since 2011, gold prices have fallen from nearly $1,900 per ounce to below $1,200, although demand from top gold consumer India appeared stronger, while buying from 2nd consumer China remained weak....

CLOil prices rose on Thursday on strong German economic data and uncertainty about negotiations on Iran's nuclear program, even as a strong dollar curbed oil's bounce a day after futures tumbled 6...

While India’s recent growth has helped propel sales and exports of steel, the federal government here wants to maximize returns by creating a favorable atmosphere for research and development.As...

At around $1200 at the time of writing, gold is sitting below its average price for the last 12 months, of $1246. However, the metal has held its own amongst the commodities cohort this year, as shown...

Brent crude oil dropped yesterday by over $2 to $56 per barrel after considerable growth. The key factor for skidding was the increase in US oil stocks. According to official data, US commercial oil...

Crude Oil has plummeted below 76.4% Fibonacci along with long black candlestick. Despite stabilizing above Linear regression, but the strong bearish tendencies from 100% Fibonacci suggests further...

Silver has moved bearishly respecting the bearish overview and is presently trading below 16.38, marked by 50% Fibonacci retracement as seen on the provided daily chart. Trading below Linear...

Successful breakout below the uptrend line of the minor corrective channel seen yesterday, while gold is currently trading below 61.8% Fibonacci level. RSI14 struggles to breach the level of 50 in...

Fundamental AnalysisTraders are finding it challenging to renew their vowels for gold and this is despite the fact that the Federal reserve committee had no unity in their decision yesterday. The more...

Gold first support at 1198/97 the outlook is more negative so be ready to go with a break lower to target 1192/91. This could hold the downside today but longs need stops below 1187. A break lower...