Silver spot Intraday: Bullish bias above 15.3600
|Gold spot ($)
Bullish bias above 1413.00.
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Pivot (invalidation): 1413.00
Our preference
Long positions above 1413.00 with targets at 1430.00 & 1437.50 in extension.
Alternative scenario
Below 1413.00 look for further downside with 1409.00 & 1402.00 as targets.
Comment
The RSI is mixed to bullish.
Silver spot ($)
Bullish bias above 15.3600.
Pivot (invalidation): 15.3600
Our preference
Long positions above 15.3600 with targets at 15.5500 & 15.6100 in extension.
Alternative scenario
Below 15.3600 look for further downside with 15.3000 & 15.2500 as targets.
Comment
The RSI is mixed to bullish.
Crude Oil (WTI)
Choppy.
Pivot (invalidation): 58.00
Our preference
Short positions below 58.00 with targets at 56.70 & 56.05 in extension.
Alternative scenario
Above 58.00 look for further upside with 58.60 & 59.10 as targets.
Comment
The RSI is mixed to bearish.
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