Analysis

Silver spot intraday: 27.4300 expected

Gold spot ($): Further advance


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


Pivot (invalidation): 1941.00

Our preference
Long positions above 1941.00 with targets at 1964.00 & 1974.00 in extension.

Alternative scenario
Below 1941.00 look for further downside with 1932.00 & 1921.00 as targets.

Comment
The RSI is bullish and calls for further advance.

Silver spot ($): 27.4300 expected

Pivot (invalidation): 26.7700

Our preference
Long positions above 26.7700 with targets at 27.2000 & 27.4300 in extension.

Alternative scenario
Below 26.7700 look for further downside with 26.5400 & 26.2600 as targets.

Comment
The RSI is mixed with a bullish bias.

Crude Oil (WTI): The bias remains bullish

Pivot (invalidation): 40.30

Our preference
Long positions above 40.30 with targets at 41.75 & 42.25 in extension.

Alternative scenario
Below 40.30 look for further downside with 39.75 & 39.40 as targets.

Comment
The RSI is mixed with a bullish 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.


RELATED CONTENT

Loading ...



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