Commodities Analysis & Opinion

Crude Oil is rallying away from 98.64 which has been expected because of a completed five wave decline, but now recovery can already be counted in three legs that reached levels around 61.8% Fibonacci...

Crude OilCrude futures edged lower on Tuesday on fears this week's U.S. supply report will come in bearish, while uncertainty over the fate of Ukraine and Gaza in Israel allowing for choppy trading....

Oh no! Because of the continuing disasters in Ukraine – lately the tragic shooting down of Malaysia Airlines flight MH17 – tough US sanctions on Russia are directly causing Russian...

Timing the market is sometimes more important than finding the right equities. But if you can time the market and find the right equities, that can be the most direct path to success. Jocelyn August,...

The three-month LME aluminum price finally traded above $2,000/ton on Monday, hitting our target point. The move doesn’t come as a surprise to us. In June, we pointed out that the stock of...

Overview Coal plays a vital role in the economic development of a country. It is commonly used as a source of cheap electricity production. Coal also creates employment opportunities for thousands of...

Gold has been mostly lower today, but trading conditions are choppy amid decent U.S. economic data, a firmer dollar and persistent geopolitical risks. The latter is keeping the yellow metal...

Aluminum entered a bull market in London and traded near the highest in 16 months on speculation demand will exceed supply for the metal used in everything from cars to packaging, Bloomberg...

Copper is testing important support/resistance near the $3.20 level: And there is ample reason to believe that this could be an attractive long entry point as we move deeper into the back half of the...

Gold has edged lower on Tuesday, as the spot price stands at $1306.09 per ounce in the European session. On the release front, it's a busy day in the US, highlighted by Core CPI and Existing Home...

As one can see from the adjacent chart, MCX crude oil seems to be overbought on the hourly chart. From a high of Rs6,480 to a low of Rs5,980 the commodity has retraced 50% and the next important...

The above Daily chart of Crude Oil suggest that prices have reversed after taking support of 6150 level. RSI is in a buy mode. We expect prices to go up to levels of 6290.

The above Daily chart of Gold suggest that prices have reversed after taking resistance of 28400 level. RSI is in a sell mode. We expect prices to correct up to levels of 27500.

Naturalgas settled down -2.35% at 232.20 slid to a nearly eight-month low as another sweep of unseasonably cool weather across the U.S. is expected to keep a lid on demand. Gas prices have slid 24%...