Silver spot Intraday: Under pressure
|Gold spot ($)
Under pressure.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1310.50
Our preference
Short positions below 1310.50 with targets at 1305.50 & 1303.50 in extension.
Alternative scenario
Above 1310.50 look for further upside with 1312.50 & 1315.50 as targets.
Comment
The RSI advocates for further decline.
Silver spot ($)
Under pressure.
Pivot (invalidation): 15.7700
Our preference
Short positions below 15.7700 with targets at 15.6600 & 15.6200 in extension.
Alternative scenario
Above 15.7700 look for further upside with 15.8300 & 15.8700 as targets.
Comment
The RSI is mixed with a bearish bias.
Crude Oil (WTI)
Further advance.
Pivot (invalidation): 52.20
Our preference
Long positions above 52.20 with targets at 53.40 & 53.90 in extension.
Alternative scenario
Below 52.20 look for further downside with 51.70 & 51.30 as targets.
Comment
The RSI advocates for further upside.
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.