Commodities Analysis & Opinion

Gold prices are steady on Thursday, as the metal continues to trade close to the $1300 level. In the European session, the spot price stands at $1295.01 per ounce. In the US,...

U.S. crude oil fell under $100 on Wednesday putting the contract on course for its steepest monthly slide in nine months, as concerns over weak demand rose while fears over supply shortages in the...

Gold tanked on Wednesday falling to the low 1290 level before recovering a few dollars to end the day at 1296.90 but gave back again this morning to trade at 1295.70. Traders were surprised with the...

Brent Crude was expected to break 200 day moving average to the downside sooner rather than later. Right on cue prices broke 106.85/75 yesterday and crashed towards our lower target and the July low...

WTI Crude went for at resistance at 101.70/80 for our selling opportunity and topped almost exactly here at 101.67. This trade worked perfectly as pressure remained to the downside as predicted and...

Natural Gas September contract in a holding pattern above strong 200 week moving average support at 3715/05. Our 3820/25 target was hit again yesterday and held. Above 3795 allows at retest of 3820/30...

Gold was little changed on Thursday, traded below $1300 an ounce following its drop over the previous two sessions, after data showing improvement in the world’s biggest economy dented the...

The prices of oil drifted lower on Thursday for a fourth straight session, after an official weekly oil report from the Energy Information Administration (EIA) showed U.S. crude stockpiles have...

Crude OilA U.S.-European decision to slap fresh sanctions on Russia for allegedly meddling in Ukraine sent crude futures falling on Wednesday, offsetting otherwise bullish U.S. growth and inventory...

Prices are now expected to trade higher eyeing upper band of channel at Rs. 123. Hence, we recommend to go long on decline with stop loss below Rs. 118.90. MCX Aluminum prices are trading in a...

Oil charts are really interesting if you are into technical movements, they seem to swing wildly on a variety of news, but they also seem to show great pattern and for the most part obey key rules...

Gold for Thursday, July 31, 2014In the last few days gold has been easing lower and placing pressure on the support level at $1300 which may be about to give way.  Over the last few weeks...

U.S Economic DataGold was trading below $1,300/oz yesterday as investors anxiously awaited the end of a Federal Reserve policy meeting. The outcome of the meeting will reveal U.S central bank’s...

Gasoil inside day leaves the outlook unchanged for today. Short term support at 887/886 and strong resistance at 899/901. A good chance of a high for the day here again but shorts need stops above 903...