Commodities Daily Forecast Jan 12 2016

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Crude Oil: As long as 33.00 resistance holds on a daily closing basis, the outlook in Crude Oil remains on the downside towards the 30.00 levels ahead of the 28.15 levels, above 33.00 faces a recovery risk towards the 334.53 levels and possibly higher towards the 37.16 levels before the next fall…

Commodities Daily Forecast Jan 12 2016-Crude Oil

XAUUSD: As long as 1088 support holds on a daily closing basis, the outlook in XAUUSD remains neutral with risk to the upside towards the 1117 levels ahead of the 1133 levels, below 1088 faces a fall risk towards the 1077/1066 levels before the next possible rise…

Commodities Daily Forecast Jan 12 2016-XAUUSD

XAGUSD: As long as 14.06 resistance holds on a daily closing basis, the outlook in XAGUSD remains on the downside towards the 13.68/13.17 levels ahead of the 12.63 levels, above 14.06 faces a recovery risk towards the 14.40/14.70 levels before the next fall…

Commodities Daily Forecast Jan 12 2016-XAGUSD

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