Gold spot: Key resistance at 1869.00


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Pivot (invalidation): 1869.00

Our preference
Short positions below 1869.00 with targets at 1857.00 & 1852.00 in extension.

Alternative scenario
Above 1869.00 look for further upside with 1875.00 & 1884.00 as targets.

The RSI is mixed to bearish.

Silver spot: Caution


Pivot (invalidation): 24.1800

Our preference
Short positions below 24.1800 with targets at 23.8800 & 23.6200 in extension.

Alternative scenario
Above 24.1800 look for further upside with 24.4100 & 24.6200 as targets.

The RSI is mixed and calls for caution.

Crude Oil (WTI): Look for 42.65

Crude Oil

Pivot (invalidation): 41.55

Our preference
Long positions above 41.55 with targets at 42.15 & 42.65 in extension.

Alternative scenario
Below 41.55 look for further downside with 41.25 & 40.80 as targets.

The RSI calls for a new upleg.

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.

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