Crude Oil: As long as 47.50 resistance holds on a daily closing basis, the Crude Oil remains in a pullback and further down towards the 45.50/42.90 levels couldn’t be ruled out, but downside move should be contained well above the 42.90 levels, above 47.50 will restore the upside momentum and pave the way towards the 48.50 levels ahead of the 51.30 levels.
XAUUSD: As long as 1108 resistance holds on a daily closing basis, the outlook in XAUUSD remains on the downside towards 1104/1095 levels ahead of the 1187/1182 levels, above 1108 faces a recovery risk towards the 1117 levels, further upside will extend recovery towards the 1133 levels, below 1182 sees a free fall towards the 1047 levels.(Note that a clear break below 1104 will accelerate the expected bearish move).
XAGUSD: As long as 15.32 resistance holds on a daily closing basis, the outlook in XAGUSD remains on the downside towards the 14.73/14.50 levels, above 15.32 faces a recovery risk toward the15.54 levels. ( Minor resistance comes at the 15.07 levels, above 15.07 will open main resistance 15.32).