Gold spot ($)
The downside prevails.
Pivot (invalidation): 1197.25
Short positions below 1197.25 with targets at 1192.50 & 1190.00 in extension.
Above 1197.25 look for further upside with 1200.00 & 1202.00 as targets.
The RSI is bearish and calls for further downside.
Silver spot ($)
Pivot (invalidation): 14.1600
Short positions below 14.1600 with targets at 14.0500 & 13.9900 in extension.
Above 14.1600 look for further upside with 14.2300 & 14.3000 as targets.
The RSI is bearish and calls for further decline.
Crude Oil (WTI)
Pivot (invalidation): 69.20
Long positions above 69.20 with targets at 70.15 & 70.80 in extension.
Below 69.20 look for further downside with 68.50 & 67.90 as targets.
The RSI advocates for further advance.
This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.