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Comex Gold has been in an downtrend since the past one year forming lower tops and flat bottoms within the channel (R-S). The price has recently broken the short term resistances line (R) at $ 1250...
MCX Gold has been in an flat trend since the past four months forming lower tops and flat bottoms within the channel (R1-S1). The price has recently taken support from the short term support line (S1)...
Natural Gas once agains showed massive volatility as prices moved up by more than 19 % from its opening levels of Rs. 302 per mmbtu on MCX in a single week to touch a high of Rs. 359.40 per mmbtu,...
Crude oil prices formed strong bottom last week and recovered sharply after it failed to breach previous week’s low marked on charts at MCX. Prices formed a bullish candlestick formation and is...
It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular is up two cents an Premium a penny. Regular and Premium are...
Silver managed to show recovery in the last week, but remained in a nar-row range amid volatility. Prices have gone up after forming a base at Rs. 42280 per kg at MCX which is also the long term...
--Lead was the another major loser along with the Aluminum in the yesterday's trading session at the LME platform down by 0.7%. --On the inventory front, lead stocks have been broadly declining since...
--Aluminum ended Friday’s trading session marginally higher by 0.3% at the LME platform, closing at $1719/MT.--Aluminum stock declined by almost 115,325 MT in the last eighteen trading sessions...
Crude oil is trading at its highest in six weeks on optimism that the Federal Reserve`s new head, Janet Yellen, will signal during her first testimony on monetary policy and economic outlook since she...
Precious-Gold resumed its rally for a third straight session on Tuesday, hovering near 3-month high, on expectations may Fed may pause or slowdown the pace of stimulus cut, where eyes will focus today...
Gold is at the new highs already after breaking out of a triangle yesterday. We believe that price is now in wave (c) of a second zigzag that may form a top in 1290-1300 area. Keep in mind that...
Sorry King Midas, but nobody cares about what you touch anymore. That shimmery stuff you melt down to make rings and things has lost its luster. Gold was the talk of the town around $1,900 an ounce...
Gold future base reinforced; upside risk through 1294 for 1308Still building on the solid rebound from our trend line support, now 1247, that rejected an easing of bull risk, to now push through the...
MetalMiner’s monthly Construction MMI®, a price index of metals used within the construction industry, dropped 2.2 percent this month.What We Know1. The latest figure for total construction...
On Friday, February 7, the day’s biggest mover was the price of Chinese palladium bar, which saw a 3.0 percent decline. This was the first move after three changeless days. US palladium bar...