Analysis

Gold spot ($) Intraday: Further advance

Gold spot ($)

Further advance.

 


 

Stay on top of the markets with Swissquote’s News & Analysis

 


Pivot (invalidation): 1276.00

Our preference
Long positions above 1276.00 with targets at 1285.00 & 1287.00 in extension.

Alternative scenario
Below 1276.00 look for further downside with 1273.00 & 1270.00 as targets.

Comment
The RSI is bullish and calls for further upside.

 

Silver spot ($)

Expect 15.1100.

Pivot (invalidation): 14.8900

Our preference
Long positions above 14.8900 with targets at 15.0600 & 15.1100 in extension.

Alternative scenario
Below 14.8900 look for further downside with 14.8400 & 14.7700 as targets.

Comment
The RSI is bullish and calls for further advance.

 

Crude Oil (WTI)

63.95 in sight.

Pivot (invalidation): 65.40

Our preference
Short positions below 65.40 with targets at 64.25 & 63.95 in extension.

Alternative scenario
Above 65.40 look for further upside with 65.80 & 66.15 as targets.

Comment
The RSI has broken down its 30 level.

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.