CommodityOnline

Gold is falling sharply but still not necessarily within wave 5) down. However we are tracking an impulse down from 1345 but that leg can be wave (c) of D as shown on new updated count. If that is the...

Prices are expected to witness further down side from current levels and hence we recommend to go short in Aluminum on rise towards 121.5 for the target of Rs. 117.8. As per our previous...

A bearish engulfing candlestick pattern and a negative cross-down on the key moving averages suggest further weakness in the counter. As one can see from the adjacent chart above, MCX silver is...

Crude is again threatening the lows so we adjusted the wave count as decline from 96, which we think it's wave five, can be expanding and not ending diagonal.On Gold we are looking for a five wave...

Natural Gas prices to find support in the range of 228 - 226 levels. Trading consistently below 226 levels would lead towards the strong support at 222 levels and then finally towards the major...

Resistance is now observed in the range of 5,720 - 5,730 levels. Trading consistently above 5,730 levels would lead the rally towards the strong resistance at 5,800 levels, and then finally...

Copper prices to find support in the range of 417 – 415 levels. Trading consistently below 415 levels would lead towards the strong support at 411 - 410 levels and then finally towards the...

silver prices to find support in the range of 40,800 – 40,700 levels. Trading consistently below 40,700 levels would lead towards the strong support at 40,200 levels and then finally towards...

Resistance is now observed in the range of 27,350 – 27,400 levels. Trading consistently above 27,450 levels would lead towards the strong resistance at 27,900 levels, and then finally...

The medium-term price trend still looks bearish and the downside move is now likely to extend further towards the previous low at $1183/1179 level. As per our previous recommendation dated 29th...

The medium-term price trend still looks bearish and the downside move is now likely to extend further towards the previous low at Rs.26700/26490 level. As per our previous recommendation dated...

Hence the short term trend continues to look bearish for Crude oil and a test of previous low at Rs.5190/5000 (T) level looks possible. MCX Crude Oil has been in an sidewise down trend since...

The 14- period RSI is currently pointing lower indicating negative momentum for prices. Hence, we recommend to sell the commodity for the target price of Rs. 122/118. September 09, 2014...

Copper prices to find support in the range of 423 – 422 levels. Trading consistently below 422 levels would lead towards the strong support at 414 levels and then finally towards the major...

Resistance is now observed in the range of 42,900 – 43,000 levels. Trading consistently above 43,000 levels would lead towards the strong resistance at 43,750 levels, and then finally towards...

As per the candlestick pattern it formed a “Bearish Candlestick” with closing below multiple week low indicating bearish trend for coming trading sessions.MCX Gold October as seen in the...