Analysis

Crude Oil (WTI) Intraday: expect 59.50

Gold Spot ($)

Expect 1484.00.


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Pivot (invalidation): 1469.00

Our preference
Long positions above 1469.00 with targets at 1478.50 & 1484.00 in extension.

Alternative scenario
Below 1469.00 look for further downside with 1465.00 & 1462.50 as targets.

Comment
The RSI is bullish and calls for further advance.

 

Silver Spot ($)

Towards 17.0800.

Pivot (invalidation): 16.7600

Our preference
Long positions above 16.7600 with targets at 16.9600 & 17.0800 in extension.

Alternative scenario
Below 16.7600 look for further downside with 16.6800 & 16.6100 as targets.

Comment
The RSI advocates for further advance.

 

Crude Oil (WTI)

Expect 59.50.

Pivot (invalidation): 58.60

Our preference
Long positions above 58.60 with targets at 59.20 & 59.50 in extension.

Alternative scenario
Below 58.60 look for further downside with 58.35 & 58.10 as targets.

Comment
The RSI is mixed to bullish.

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