Commodities Analysis & Opinion

Silver is following an interesting bearish channel at present and it is likely to consolidate before testing the trend line and rejecting off it.The silver market certainly looks bearish at the moment...

Crude OilCrude oil prices dipped in early Asia on Monday with events in Ukraine the focus of possible new sanctions and China manufacturing data ahead and with markets in the U.S. and Canada closed...

There's a serious disconnect going on between the precious metals and some of the leading mining stocks. Take a look here at SPDR Gold Trust (ARCA:GLD), having a hard time taking back the 200 dma. ...

Natural Gas did stage a short term recovery to 3910/15 as hoped and topped exactly here. The break below 3850 then signaled more selling pressure and we hit our target of 3830/25 to bottomed exactly...

Gasoil unexpectedly rocketed higher to 869. This is important resistance and could hold a move higher today. However be ready to go with a break above 873 as this positive signal could lead prices...

Brent Crude lost over $3 on Tuesday taking out 6 days of gains and recovered the whole lot yesterday. No point in trying to guess direction today but support levels are seen at 102.40/30 then 102.00....

After running into resistance at $1290 for a few days, Gold has fallen sharply in the last 24 hours to break through the support at $1275 and fall to a 10 week low around $1265 in the process....

After yesterday’s $23 decline, Gold is at a key juncture - here are the most important charts:Gold (Daily) - Testing bottom rail of down-trending channelGold (Weekly) –...

Gold is consolidating yesterday’s losses, but remains defensive in the face of a firm dollar and talk of a cease-fire in Ukraine. Focus is now squarely on tomorrow’s ECB policy decision...

Both Gold and Silver turned from sidelines mode to very weak downtrend with the move down in price today. However, gold did not breach its August 21 low. Both gold and silver are still below their...

Palladium declined to an almost two-week low in New York after Ukrainian President Petro Poroshenko said he agreed a cease-fire with Russian counterpart Vladimir Putin. Gold rose after...

Hence the medium term trend continues to look bearish for Gold and a test of Previous low at Rs.27023/26700 (T) level looks possible. MCX Gold has been in an flat trend since the past four...

Hence the short term trend continues to look bearish for gold and a test of Previous top at $.1231/1179 (T) level looks possible. Comex Gold has been in an downtrend since the past one year...

As discussed in our last technical update, Oil has plummeted breaching through 93.20- pivotal support turned into resistance- while forming a long black candlestick. This candle has engulfed the...