Gold spot Intraday: Expect 1517.00
|Gold spot ($)
Expect 1517.00
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Pivot (invalidation): 1495.00
Our preference
Long positions above 1495.00 with targets at 1510.00 & 1517.00 in extension.
Alternative scenario
Below 1495.00 look for further downside with 1489.00 & 1481.00 as targets.
Comment
The RSI is mixed to bullish.
Silver spot ($)
Further advance
Pivot (invalidation): 16.8900
Our preference
Long positions above 16.8900 with targets at 17.2100 & 17.3200 in extension.
Alternative scenario
Below 16.8900 look for further downside with 16.7800 & 16.6600 as targets.
Comment
The RSI is bullish and calls for further upside.
Crude Oil (WTI)
The bias remains bullish
Pivot (invalidation): 52.25
Our preference
Long positions above 52.25 with targets at 53.15 & 53.75 in extension.
Alternative scenario
Below 52.25 look for further downside with 51.70 & 51.25 as targets.
Comment
The RSI is mixed to bullish.
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