Silver spot Intraday: 14.3700 expected
|Gold spot ($)
1279.00 in sight.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1289.50
Our preference
Short positions below 1289.50 with targets at 1281.75 & 1279.00 in extension.
Alternative scenario
Above 1289.50 look for further upside with 1293.00 & 1295.25 as targets.
Comment
The RSI shows downside momentum.
Silver spot ($)
14.3700 expected.
Pivot (invalidation): 14.6300
Our preference
Short positions below 14.6300 with targets at 14.4300 & 14.3700 in extension.
Alternative scenario
Above 14.6300 look for further upside with 14.7400 & 14.8100 as targets.
Comment
The RSI is bearish and calls for further decline.
Crude Oil (WTI)
Supported by a rising trend line.
Pivot (invalidation): 62.75
Our preference
Long positions above 62.75 with targets at 63.65 & 64.15 in extension.
Alternative scenario
Below 62.75 look for further downside with 62.25 & 61.95 as targets.
Comment
The RSI is bullish and calls for further advance.
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.