Commodities Daily Forecast Dec 17 2015

oil22 min
oil22 min

Crude Oil: As long as 36.90 support holds on a daily closing basis, the outlook in Crude Oil remains neutral, but upside move should be limited by the 38.50/39.59 levels, below 36.90 will open 34.00 levels, above 39.59 will extend recovery towards the 40.95 levels…

Commodities Daily Forecast Dec 17 2015-Crude Oil

XAUUSD: As long as 1087 resistance holds on a daily closing basis, the XAUUSD remains in a pullback mode and further down towards the 1047 levels couldn’t be ruled out, further down support comes at the 1030 levels, above 1087 faces a recovery risk towards the 1097/1117 levels…

Commodities Daily Forecast Dec 17 2015-Gold

XAGUSD: As long as 14.30 resistance holds on a daily closing basis, the outlook in XAGUSD remains neutral with risk to the downside towards the 13.75/13.20 levels, above 13.82 faces a recovery risk towards the 14.15 levels before the next fall…

Commodities Daily Forecast Dec 17 2015-Silver

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