Gold spot ($)
Pivot (invalidation): 1272.00
Long positions above 1272.00 with targets at 1277.50 & 1279.50 in extension.
Below 1272.00 look for further downside with 1269.50 & 1267.50 as targets.
The RSI lacks downward momentum.
Silver spot ($)
Intraday support around 14.3700.
Pivot (invalidation): 14.3700
Long positions above 14.3700 with targets at 14.5000 & 14.5600 in extension.
Below 14.3700 look for further downside with 14.3300 & 14.2800 as targets.
A support base at 14.3700 has formed and has allowed for a temporary stabilisation.
Crude Oil (WTI)
The downside prevails.
Pivot (invalidation): 61.70
Short positions below 61.70 with targets at 60.80 & 60.15 in extension.
Above 61.70 look for further upside with 62.05 & 62.75 as targets.
The RSI advocates for further decline.
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