Gold Spot Intraday: Further upside
|Gold spot ($)
Further upside.
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Pivot (invalidation): 1205.00
Our preference
Long positions above 1205.00 with targets at 1215.00 & 1220.00 in extension.
Alternative scenario
Below 1205.00 look for further downside with 1198.50 & 1196.00 as targets.
Comment
The RSI advocates for further upside.
Silver spot ($)
Further upside.
Pivot (invalidation): 14.0000
Our preference
Long positions above 14.0000 with targets at 14.2100 & 14.3200 in extension.
Alternative scenario
Below 14.0000 look for further downside with 13.9400 & 13.8700 as targets.
Comment
The RSI advocates for further advance.
Crude Oil (WTI)
The bias remains bullish.
Pivot (invalidation): 55.50
Our preference
Long positions above 55.50 with targets at 56.50 & 57.35 in extension.
Alternative scenario
Below 55.50 look for further downside with 54.75 & 53.95 as targets.
Comment
The next resistances are at 56.50 and then at 57.35.
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