Commodities Analysis & Opinion

MCX Silver has been in an downtrend since the past two year forming lower tops and lower bottoms within the channel (R-S). The price has recently broken the previous low of Rs 45951 and closed below...

Almost every trading day someone asks me if they should buy gold. Personally, I own physical gold and silver bullion since 2004. But if you are trading gold ETF's' you may want to wait before jumping...

The selling in gold continued yesterday, with a low being made at $1236 and $1250 being tested and confirmed as near term resistance. This morning, gold is continuing to drift lower in quiet trading,...

Yesterday’s analysis expected a third wave downwards to end about 1,234 to 1,236. The third wave has ended at 1,236.89.The wave count remains the same.Gold is still within a large fourth wave...

In case anyone is wondering, the long-term bull for gold remains intact. However, it sure doesn’t feel like it. The daily trend is down, the weekly trend is down and the monthly trend is down....

Over the past few days, I suggested the precious metal was looking weak and was approaching some key levels. Yesterday was a particularly torrid day, and a seminal one for gold traders as the metal...

Gold started off on a weak note yesterday, breaching last week's low briefly in early trading. The selling pressure continued throughout the afternoon as traders waited nervously for the release of...

Silver hit our first upside target for profit taking at 2040/45 but failed below 2060/65. We then broke 2025/20 to keep the market under pressure in the bear trend & hit our targets of 2002 and...

Brent Crude hit our support at 106.75/65 for our buying opportunity & bottomed almost exactly here at 106.51. This trade worked perfectly as we shot higher to our target of 108.40/60 for a selling...

WTI Crude January should struggle to make gains again today with 9425/9450 likely to cap. Only a break above 9455 turns the outlook more positive & can target 9535/40, possibly as far as 9500/10....

Gold broke 1268/67 in the bear trend & then broke October lows at 1252/51 reaching 1241. We are a little oversold short term but fighting the bear trend is not advised. There is still a risk of...

Gold inched up during the European trading hours on Thursday, hovering near four-month lows after setting its biggest drop in seven weeks in the previous session as minutes from the Federal Reserve`s...

Crude oil fell on Thursday after the minutes from the Federal Open Market Committee`s October meeting released yesterday showed the officials felt they could decide to start scaling back the stimulus...