Category Archives: Commodity tips

COMMODITY MARKET TRENDS FOR TODAY 20-SEP.

Gold prices returned from red territory on Thursday after US Central Bank stated that it would continue with its monetary stimulus program till the economy returns to its solid growth path. Weak US Dollar was also seen supporting the yellow … Continue reading →

Gold prices in the global market, edged lower and continued its bearish rally which started last week and was seen trading near five week low as traders were seen awaiting to know whether US Central Bank start tapering its monetary … Continue reading →

Gold is glued to FOMC meet outcome on September  even as recent easing of prices taking cues from external markets, Barclays said.Easing of geo-political tensions and likely Fed tapering have already weakened prospects for gold. Higher equities as evidenced by … Continue reading →

1. Lack of motivation. A talent is irrelevant if a person is not motivated to use it. Motivation may be external (for example, social approval) or internal (satisfaction from a job well-done, for instance). External sources tend to be transient, while internal … Continue reading →

GOLD (5 OCT.) TREND: CONSOLIDATE RES 1: 29920 RES 2: 30150 SUPP 1: 29590 SUPP 2: 29400 STRATEGY: SELL ON HIGHS   SILVER (5 DEC.) TREND: CONSOLIDATE RES 1: 50200 RES 2: 50900 SUPP 1: 49500 SUPP 2: 48860 STRATEGY: … Continue reading →

Gold prices in the global market continued its bearish trend amid speculation that US Federal Reserve may start reducing its monetary stimulus later this year on improving economic conditions in the United States and around the world. Depreciation of Indian Rupee … Continue reading →

Copper prices edged down in the global market on Thursday amid weak data releases from Europe and concerns that US Central Bank may start reducing its ‘commodity friendly’ monetary stimulus later this month. As of now, comex copper is trading … Continue reading →

Gold Spot gold prices increased around 0.2 percent yesterday on the back of weakness in the DX coupled with rise in risk appetite in global market sentiments. However, sharp upside in prices was capped on account of declining trend in … Continue reading →

GOLD (5 OCT.) TREND: BEARISH RES 1: 31090 RES 2: 31300 SUPP 1: 30440 SUPP 2: 30050 STRATEGY: SELL ON HIGHS   Ahead of the FOMC monetary policy review, investors are taking a cautious approach towards gold. On the back … Continue reading →