Gold spot ($) intraday: Expect 2015.00

Gold Spot ($): Expect 2015.00
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Pivot (invalidation): 1976.00
Our preference
Long positions above 1976.00 with targets at 2003.00 & 2015.00 in extension.
Alternative scenario
Below 1976.00 look for further downside with 1966.00 & 1956.00 as targets.
Comment
The RSI is mixed with a bullish bias.
Silver Spot ($): Further upside
Pivot (invalidation): 27.1000
Our preference
Long positions above 27.1000 with targets at 28.3000 & 28.7500 in extension.
Alternative scenario
Below 27.1000 look for further downside with 26.5700 & 26.2700 as targets.
Comment
The RSI advocates for further upside.
Crude Oil (WTI): Bullish bias above 42.30
Pivot (invalidation): 42.30
Our preference
Long positions above 42.30 with targets at 42.95 & 43.20 in extension.
Alternative scenario
Below 42.30 look for further downside with 42.10 & 41.80 as targets.
Comment
The RSI is mixed with a bullish bias.
Author

Swissquote Bank Research Team
Swissquote Bank Ltd




















