Commodities Daily Forecast Apr 15 2015

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Crude Oil :As long as 54.54/53.00 support holds on a daily closing basis , outlook in Crude Oil remains on the upside towards the 57.40 levels ahead of the 61.00/65.00 levels , below 53.00 levels faces a pullback risk above the 47.42/50.00 levels before the next rise…

Commodities Daily Forecast Apr 15 2015_oil

XAUUSD: Outlook in XAUUSD remains neutral at the moment , support comes at the 1192 levels , a cut will open main support at the 1175 levels where strong rejection is suggested , however a clear break below the 1175 levels will restore the mid-term downward trend and open the 1159 levels ahead of the 1142/1131 levels . On the upside , sustained breakout above the 1215 levels is needed to restore the short upwards trend , If seen focus will be on the 1227 levels ahead of the 1250 levels…

Commodities Daily Forecast Apr 15 2015_gold

XAGUSD: As long as 16.53 resistance holds on a daily closing basis , outlook in XAGUSD  remains on the downside towards the 15.94 levels ahead of the 15.54/15.00 levels ,above 16.53 faces a recovery risk towards the 16.85/17.40 levels before the next fall..

Commodities Daily Forecast Apr 15 2015_silver

 

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