Gold spot intraday: Support around 1951.00
|Gold spot: Intraday support around 1951.00
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1951.00
Our preference
Long positions above 1951.00 with targets at 1981.00 & 1993.00 in extension.
Alternative scenario
Below 1951.00 look for further downside with 1941.00 & 1931.00 as targets.
Comment
The RSI is mixed with a bullish bias.
Silver spot: Intraday support around 23.9000
Pivot (invalidation): 23.9000
Our preference
Long positions above 23.9000 with targets at 24.6500 & 24.9300 in extension.
Alternative scenario
Below 23.9000 look for further downside with 23.5500 & 23.2700 as targets.
Comment
Intraday technical indicators lack momentum.
Crude Oil (WTI): Choppy
Pivot (invalidation): 41.50
Our preference
Short positions below 41.50 with targets at 41.10 & 40.85 in extension.
Alternative scenario
Above 41.50 look for further upside with 41.70 & 41.90 as targets.
Comment
As Long as 41.50 is resistance, look for choppy price action with a bearish bias.
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.