Commodities Analysis & Opinion

Gold dropped sharply today and yesterday, and the expected downside move took the price to trade around the support 1175.40. The metal is currently targeting 113% correction at 1155.75 the 1135.00 and...

Hence the short term trend continues to look bearish for gold and a test of Previous low at $.1130/1100 (T) level looks possible. Until price closes above at $ 1251, Selling on rise is...

Hence the medium term trend continues to look bearish for Gold and a test of Previous low at Rs. 25680/25500 (T) level looks possible.MCX Gold has been in an downtrend since the past six months...

Crude OilWest Texas Intermediate oil fell on Thursday after upbeat U.S. growth data and a Federal Reserve decision to close its monthly bond-buying program bolstered the dollar. A stronger greenback...

Gold fell to a three-week low, probing back below $1200, on the back of a better than expected advance Q3 GDP print. The GDP beat came in the heals of yesterday’s FOMC statement, which was...

Silver could be experiencing a serious technical breakdown.And with it, Silver bulls might experience a serious emotional breakdown.Whenever a market makes a new high or low for a move, a technical...

Gold prices have fallen close to $1200 on Thursday as the metal continues to lose ground to the broadly-stronger US Dollar. In the European session, the spot price per ounce stands at...

Our SVAR decomposition of shocks to the oil price shows that positive supply shocks have been the main driver of oil prices this year. Furthermore its shows that despite the long list of unresolved...

Silver dropped and broke the support 16.97 that was trading above in a sideways range. Stability below the referred to level is negative, as the mentioned break below followed the U.S. Federal Reserve...

LONG TERM TREND: BEARISHINTERMEDIATE TERM TREND: NEUTRAL/BEARISHSHORT TERM TREND: BEARISHVERY SHORT TERM TREND: BEARISHGold tumbled late yesterday after what was perceived to be a hawkish FOMC...

For crude oil traders it’s been a question of keeping an open mind, ignoring the news, and trading what you see on the chart as the commodity continues to move in a congested range, testing the...

Talking Points: US Dollar Looks to Have Resumed Uptrend After Brief Pullback S&P 500 Recovery Meets Resistance After Hitting 1-Month High Gold Slumps to Three-Week Low, Crude Oil...

Gold prices added to their losses on Wednesday, after the U.S. Federal Reserve said it will be ending its bond-buying program and enhanced its outlook for the U.S. labor market.Investors were hoping...

Crude Oil is still fluctuating around the support of the descending channel while Linear Regression Indicators are still negative, which forces us to keep our expectations of a downside move on the...