Silver spot Intraday: Bullish bias above 15.3600

Swissquote Bank Research Team Swissquote Bank Ltd

Gold spot ($)

Bullish bias above 1413.00.

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Pivot (invalidation): 1413.00

Our preference
Long positions above 1413.00 with targets at 1430.00 & 1437.50 in extension.

Alternative scenario
Below 1413.00 look for further downside with 1409.00 & 1402.00 as targets.

Comment
The RSI is mixed to bullish.

Silver spot ($)

Bullish bias above 15.3600.

Pivot (invalidation): 15.3600

Our preference
Long positions above 15.3600 with targets at 15.5500 & 15.6100 in extension.

Alternative scenario
Below 15.3600 look for further downside with 15.3000 & 15.2500 as targets.

Comment
The RSI is mixed to bullish.

Crude Oil (WTI)

Choppy.

Pivot (invalidation): 58.00

Our preference
Short positions below 58.00 with targets at 56.70 & 56.05 in extension.

Alternative scenario
Above 58.00 look for further upside with 58.60 & 59.10 as targets.

Comment
The RSI is mixed to bearish.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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