Commodities Daily Forecast Nov 17 2015

oil22 min
oil22 min

Crude Oil: As long as 43.17 resistance holds on a daily closing basis, the outlook in Crude Oil remains on the downside towards the 40.50 levels and possibly lower towards 39.60 levels, above 43.17 faces a recovery risk towards 45.15 levels before the next fall.

Commodities Daily Forecast Nov 17 2015-Crude Oil

XAUUSD: As long as 1095 resistance holds on a daily closing basis, the outlook in XAUUSD remains on the downside towards 1087/1082 levels, a halt is likely and a reversal may occur, however, a cut through the 1082 will bring a free fall towards the 1047 levels, above 1095 faces a pullback risk towards the 1107/1117 levels…

Commodities Daily Forecast Nov 17 2015-Gold

XAGUSD: As long as 14.75/14.50 resistance holds on a daily closing basis, the outlook in XAGUSD remains on the downside towards the 14.23/13.93 levels, above 14.75 faces a recovery risk toward the 15.00/15.30 levels.

Commodities Daily Forecast Nov 17 2015-Silver

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