Commodities

MCX to Revolutionize Gold Trading with the New 10-gram Gold Futures Contract

The Multi Commodity Exchange of India (MCX) is poised to make waves in the commodity trading landscape with its forthcoming launch...
Rajandran R
1 min read

Is the Oil nearing the Bottom?

I woke up in the morning just to see the headlines "Oil Drops to 21-Year Low With Storage Filling as Demand...
Rajandran R
50 sec read

Gold Trading above Multi-Year High and Psychological 1500 USD/Ounce

In the midst of ongoing trade war tensions gold, this week had captured the psychological mark 1500 USD and trading around...
Rajandran R
1 min read

Oil Prices and the 2019 Hurricane Season

In May, the National Oceanic and Atmospheric Administration predicted a near-normal 2019 hurricane season, which runs from June 1 to November...
Elliott Wave
1 min read

If You Aren’t Making Music with Commodities, Try This Song Instead

If financial markets were styles of music, equities, especially the most stable Big Board stocks, are like great classical compositions: They're...
Elliott Wave
2 min 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%....
Rajandran R
31 sec 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...
Rajandran R
20 sec read

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

There's a widespread assumption that supply and demand drive oil prices. Almost all economists base their oil forecasts entirely on this...
Elliott Wave
2 min 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...
Rajandran R
20 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...
Rajandran R
21 sec read

Gold Inching Higher towards 1295-1300 Resistance Band – Medium Term Outlook

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

MCX Copper Holding around 200 MA

MCX Copper June futures on last Friday slipped down below 200MA on both daily(366.8) and hourly(366.7) charts. However around the market...
Rajandran R
23 sec read