Crude Oil (WTI) Intraday: Look for 52.30
|Gold spot ($)
Key resistance at 1663.00.
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Pivot (invalidation): 1663.00
Our preference
Short positions below 1663.00 with targets at 1646.00 & 1638.00 in extension.
Alternative scenario
Above 1663.00 look for further upside with 1672.00 & 1681.00 as targets.
Comment
Technically the RSI is below its neutrality area at 50.
Silver spot ($)
Key resistance at 18.6800.
Pivot (invalidation): 18.6800
Our preference
Short positions below 18.6800 with targets at 18.5100 & 18.4300 in extension.
Alternative scenario
Above 18.6800 look for further upside with 18.8200 & 18.9400 as targets.
Comment
Technically the RSI is below its neutrality area at 50.
Crude Oil (WTI)
Look for 52.30.
Pivot (invalidation): 51.10
Our preference
Long positions above 51.10 with targets at 52.00 & 52.30 in extension.
Alternative scenario
Below 51.10 look for further downside with 50.80 & 50.45 as targets.
Comment
The RSI is mixed to bullish.
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