Silver Spot ($) Intraday: The upside prevails
|Gold spot ($)
The bias remains bullish.
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Pivot (invalidation): 1241.75
Our preference
Long positions above 1241.75 with targets at 1247.00 & 1249.00 in extension.
Alternative scenario
Below 1241.75 look for further downside with 1239.00 & 1236.00 as targets.
Comment
The RSI is mixed with a bullish bias.
Silver spot ($)
The upside prevails.
Pivot (invalidation): 14.6200
Our preference
Long positions above 14.6200 with targets at 14.8300 & 14.9100 in extension.
Alternative scenario
Below 14.6200 look for further downside with 14.5200 & 14.4600 as targets.
Comment
The RSI advocates for further advance.
Crude Oil (WTI)
Under pressure.
Pivot (invalidation): 51.95
Our preference
Short positions below 51.95 with targets at 50.50 & 50.10 in extension.
Alternative scenario
Above 51.95 look for further upside with 52.80 & 53.30 as targets.
Comment
The RSI is mixed to bearish.
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