Gold spot Intraday: Turning
|Gold spot ($)
Turning
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Pivot (invalidation): 1315.00
Our preference
Short positions below 1315.00 with targets at 1308.00 & 1305.00 in extension.
Alternative scenario
Above 1315.00 look for further upside with 1317.00 & 1319.00 as targets.
Comment
The RSI shows downside momentum.
Silver spot ($)
Turning down.
Pivot (invalidation): 15.8400
Our preference
Short positions below 15.8400 with targets at 15.6800 & 15.6200 in extension.
Alternative scenario
Above 15.8400 look for further upside with 15.9000 & 15.9900 as targets.
Comment
The RSI shows downside momentum.
Crude Oil (WTI)
Turning down.
Pivot (invalidation): 52.60
Our preference
Short positions below 52.60 with targets at 51.70 & 51.30 in extension.
Alternative scenario
Above 52.60 look for further upside with 53.00 & 53.40 as targets.
Comment
The RSI shows downside momentum.
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