Gold Spot ($) Intraday: expect 1568.00
|Gold Spot ($)
Expect 1568.00.
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Pivot (invalidation): 1550.00
Our preference
Long positions above 1550.00 with targets at 1563.00 & 1568.00 in extension.
Alternative scenario
Below 1550.00 look for further downside with 1546.50 & 1541.00 as targets.
Comment
The RSI is mixed to bullish.
Silver Spot ($)
Look for 18.1500.
Pivot (invalidation): 17.8700
Our preference
Long positions above 17.8700 with targets at 18.0400 & 18.1500 in extension.
Alternative scenario
Below 17.8700 look for further downside with 17.7600 & 17.6500 as targets.
Comment
The RSI is mixed with a bullish bias.
Crude Oil (WTI)
Caution.
Pivot (invalidation): 58.35
Our preference
Short positions below 58.35 with targets at 57.75 & 57.35 in extension.
Alternative scenario
Above 58.35 look for further upside with 58.70 & 59.00 as targets.
Comment
The RSI is mixed and calls for caution.
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