Commodities

Short Term Momentum in WTIC Crude Likely to Continue

WTIC Crude is showing signs of strong momentum on Friday it is up by 4% during the U.S session. Since 22nd Nov 2018 crude...
Rajandran R
22 sec read

WTIC Crude Oil Getting Oversold?

WTIC Crude is in a clear downtrend since the start of Oct 2018. November month alone it lost more than -21%. Currently crude is...
Rajandran R
33 sec read

Crude OIL easing from Extreme Sentiment : Short Term…

WTIC Crude in the International market had lost more than 24% in the last two months due to too many negative factors. WTIC crude...
Rajandran R
28 sec read

MCX Nautral Gas Futures Price Rises 19% on Forecast…

MCX Natural Gas November futures soared to 19% after the US weather forecasts called for an increasingly cold winter in December which raises concerns...
Rajandran R
30 sec read

Gold Short Term Trend Turning Positive : Technical Analysis

International Gold is in consolidation mode since 16th of July 2018. Currently trading in a very tight band largely trading within a $10 range...
Rajandran R
20 sec read

The Correlation Between Oil and Gold

Oil and gold are two of the top tradable commodities in the world. As mentioned here on Market Calls, gold is viewed as a...
Rajandran R
2 min read

Gold Trading Outlook : On the Verge of Breakout

Gold price action remains muted despite the stock market crashing, global events like trade war, syrian attack. Its been trading in a very compressed...
Rajandran R
21 sec read

Oil Prices Vs. Production: See the “Elephant” Almost Everyone…

There's a widespread assumption that supply and demand drive oil prices. Almost all economists base their oil forecasts entirely on this premise, and so...
Elliott Wave
2 min read

Too much of Crowded Crude OIL Speculative Long Bets

WTIC Crude currently trading around 66.13 and local MCX Crude futures trading around Rs4203/ barrel. Current leg of uptrend is almost 7 month old...
Rajandran R
37 sec read

Gold Medium Term Outlook – Trading Sentiment turns Bullish

Since last two years Gold is currently trading in a very broader range 200 point range (1150-1350 on weekly timeframe). Trading sentiment for this...
Rajandran R
21 sec read

Crude OIL – Short Term Trend Reversal in Progress?

Crude Oil is trading in a very tight range. Very short term trading sentiment turns positive and trend line resistance comes around 49.2 reference...
Rajandran R
22 sec read

Gold Inching Higher towards 1295-1300 Resistance Band – Medium…

Gold had done a short term trend reversal from the recent swing low of 1251. Trading Sentiment holds positive on both daily and weekly...
Rajandran R
21 sec read