Crude Oil (WTI) Intraday: Bullish bias above 68.50
|Gold spot ($)
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Pivot (invalidation): 1223.50
Our preference
Long positions above 1223.50 with targets at 1230.00 & 1233.00 in extension.
Alternative scenario
Below 1223.50 look for further downside with 1221.00 & 1218.50 as targets.
Comment
The RSI is mixed to bullish.
Silver spot ($)
The bias remains bullish.
Pivot (invalidation): 14.5100
Our preference
Long positions above 14.5100 with targets at 14.6600 & 14.7200 in extension.
Alternative scenario
Below 14.5100 look for further downside with 14.4300 & 14.3300 as targets.
Comment
The RSI is mixed to bullish.
Crude Oil (WTI)
Bullish bias above 68.50.
Pivot (invalidation): 68.50
Our preference
Long positions above 68.50 with targets at 69.20 & 69.60 in extension.
Alternative scenario
Below 68.50 look for further downside with 68.20 & 67.80 as targets.
Comment
The RSI is mixed with a bullish bias.
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