Silver spot Intraday: Key resistance at 15.1800.

Swissquote Bank Research Team Swissquote Bank Ltd

Gold spot ($)

Key resistance at 1412.00.

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Pivot (invalidation): 1412.00

Our preference
Short positions below 1412.00 with targets at 1403.50 & 1400.50 in extension.

Alternative scenario
Above 1412.00 look for further upside with 1419.00 & 1424.00 as targets.

Comment
The RSI has just struck against its neutrality area at 50%.

Silver spot ($)

Key resistance at 15.1800.

Pivot (invalidation): 15.1800

Our preference
Short positions below 15.1800 with targets at 15.0700 & 14.9800 in extension.

Alternative scenario
Above 15.1800 look for further upside with 15.2400 & 15.3100 as targets.

Comment
The RSI is mixed to bearish.

Crude Oil (WTI)

Look for 61.60.

Pivot (invalidation): 60.15

Our preference
Long positions above 60.15 with targets at 60.90 & 61.60 in extension.

Alternative scenario
Below 60.15 look for further downside with 59.65 & 59.10 as targets.

Comment
The RSI is bullish and calls for further upside.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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