Silver spot intraday: 27.4300 expected

Swissquote Bank Research Team Swissquote Bank Ltd

Gold spot ($): Further advance

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Pivot (invalidation): 1941.00

Our preference
Long positions above 1941.00 with targets at 1964.00 & 1974.00 in extension.

Alternative scenario
Below 1941.00 look for further downside with 1932.00 & 1921.00 as targets.

Comment
The RSI is bullish and calls for further advance.

Silver spot ($): 27.4300 expected

Pivot (invalidation): 26.7700

Our preference
Long positions above 26.7700 with targets at 27.2000 & 27.4300 in extension.

Alternative scenario
Below 26.7700 look for further downside with 26.5400 & 26.2600 as targets.

Comment
The RSI is mixed with a bullish bias.

Crude Oil (WTI): The bias remains bullish

Pivot (invalidation): 40.30

Our preference
Long positions above 40.30 with targets at 41.75 & 42.25 in extension.

Alternative scenario
Below 40.30 look for further downside with 39.75 & 39.40 as targets.

Comment
The RSI is mixed with a bullish bias

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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