Commodities Daily Forecast Dec 22 2015

Oil_platform_P-51_(Brazil)

Crude Oil: As long as 36.25 resistance holds on a daily closing basis, the outlook in Crude Oil remains on the downside towards the 34.00/31.80 levels, above 36.25 faces a recovery risk towards the 38.50/39.03 levels before the next fall…

Commodities Daily Forecast Dec 22 2015-Crude Oil

XAUUSD: As long as 1087 resistance holds on a daily closing basis, the outlook in XAUUSD remains neutral with risk to the downside towards the 1047 levels, a cut will resume the bearish move towards the 1030/1015 levels, above 1087 will extend recovery towards the 1117/1133 levels…

Commodities Daily Forecast Dec 22 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 13.40/13.00 levels, above 14.30 faces a recovery risk towards the 14.70/15.39 levels before the next fall…

Commodities Daily Forecast Dec 22 2015-Silver

 

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