Silver Spot ($) Intraday: Target 14.9500

Swissquote Bank Research Team Swissquote Bank Ltd

Gold spot ($)

Bullish bias above 1280.00.

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Pivot (invalidation): 1280.00

Our preference
Long positions above 1280.00 with targets at 1288.50 & 1291.50 in extension.

Alternative scenario
Below 1280.00 look for further downside with 1276.50 & 1272.50 as targets.

Comment
The RSI lacks downward momentum.

Silver spot ($)

Target 14.9500.

Pivot (invalidation): 14.7000

Our preference
Long positions above 14.7000 with targets at 14.8600 & 14.9500 in extension.

Alternative scenario
Below 14.7000 look for further downside with 14.6200 & 14.5700 as targets.

Comment
The RSI calls for a rebound.

Crude Oil (WTI)

Look for 63.25.

Pivot (invalidation): 61.70

Our preference
Long positions above 61.70 with targets at 62.90 & 63.25 in extension.

Alternative scenario
Below 61.70 look for further downside with 61.35 & 60.90 as targets.

Comment
The RSI is bullish and calls for further advance.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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