Commodities Analysis & Opinion

As one can see from the adjacent chart, MCX gold is trading in a triangular pattern on the four-hour chart. A narrow Bollinger Band indicates a risky view on the yellow metal. On breaking out in...

RSI is in a buy mode. We expect prices to go up to levels of 6200. The above Daily chart of Crude Oil suggest that prices have reversed after taking support of 6050 level. RSI is in a buy mode....

Gold is listless on Wednesday, as the metal hugs the $1300 line late in the European session. On the release front, it's a busy day, with three key events out of the US - Advance GDP,...

US Dollar Technical Analysis – Prices broke above yet another layer of resistance after reversing upward as expected having put in a Bullish Engulfing candle pattern. Near-term resistance...

Talking PointsGold and Silver Set For Volatility With A String Of Top-Tier US Data On Tap Crude Oil Stands To Strengthen On Another Bullish Inventories Report Gold May Extend Recent Declines With...

Our preferred Elliott wave scenario for Gold for the last couple of weeks was that a long-term wave 4 triangle was unfolding and we recently completed wave E at $1,346 and a new downward move has...

Oil futures held soft gains early Wednesday as anticipated key US data and the Federal Reserve`s decision on US monetary policy for the next price direction.Oil markets received a boost after data...

Gold and crude prices narrow traded in New York ahead of tomorrow’s Fed meeting after that the gold plunged earlier today as U.S. and European equities advanced, curbing demand for the precious...

A couple of big developments in India’s steel story have refocused a spotlight on the sector as the first half of the year endsIndia’s steel production grew at nearly half the...

It doesn’t matter what’s going on in the global markets. Like a lion stalking its prey, our commodities coverage keeps circling back to the Natural Gas sector.For several...

Silver outperformed gold last week, which has taken the silver:gold ratio to its lowest since late February. Now, 62.25oz of silver will buy you 1oz of gold.New Gold Exchanges and Continued Safe...

By Wednesday, 9 July 2014, Oil prices across the US continued to slide, following data revealing an increase in supply. Typically, the summer season is met with a sharp uptick in consumption of...

{{49784|Lead}} (30.7.2014) moved up with other base metals and topped out at resistance. Now lead is trading at 2226 on the LME, and as we can see on charts lead was able to produce a...

The silver market can be rather confusing for a lot of traders, but there is hope that it’s not too hard to understand as it bounces around on technical patterns on the chart. Source: Blackwell...