Gold spot: The downside prevails
Pivot (invalidation): 1953.00
Short positions below 1953.00 with targets at 1929.00 & 1919.00 in extension.
Above 1953.00 look for further upside with 1962.00 & 1973.00 as targets.
The RSI shows downside momentum.
Silver spot: The downside prevails
Pivot (invalidation): 27.1000
Short positions below 27.1000 with targets at 26.5400 & 26.2000 in extension.
Above 27.1000 look for further upside with 27.4300 & 27.6100 as targets.
A break below 26.5400 would trigger a drop towards 26.2000.
Crude Oil (WTI): The bias remains bullish
Pivot (invalidation): 39.40
Long positions above 39.40 with targets at 40.30 & 40.85 in extension.
Below 39.40 look for further downside with 38.80 & 38.25 as targets.
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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