Looking ahead to 2015, Steve O’Hare from First 4 Trading is particularly interested in swings in the commodities market. Gold is currently testing the upside of a declining wedge formation which could push prices to USD 1385, USD 1390. In the long-term he is targeting a move to USD 1542. Oil prices, have retreated over 44 percent at the time of writing this article, are expected to see a retracement in 2015. Steve believes that prices could return to USD 90 a barrel, but not before possibly hitting 33 a barrel.

Join the conversation below to be a part of the social trading experience.