Crude Oil (WTI) Intraday: The downside prevails
|Gold spot ($)
Key resistance at 1293.00.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1293.00
Our preference
Short positions below 1293.00 with targets at 1288.50 & 1286.00 in extension.
Alternative scenario
Above 1293.00 look for further upside with 1295.00 & 1297.00 as targets.
Comment
A break below 1288.50 would trigger a drop towards 1286.00.
Silver spot ($)
Under pressure.
Pivot (invalidation): 15.6500
Our preference
Short positions below 15.6500 with targets at 15.5200 & 15.4500 in extension.
Alternative scenario
Above 15.6500 look for further upside with 15.7200 & 15.7800 as targets.
Comment
The RSI is mixed to bearish.
Crude Oil (WTI)
The downside prevails.
Pivot (invalidation): 52.10
Our preference
Short positions below 52.10 with targets at 50.20 & 49.50 in extension.
Alternative scenario
Above 52.10 look for further upside with 52.90 & 53.35 as targets.
Comment
The RSI advocates for further decline.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.