Silver spot ($) levels: Key resistance at 15.1800

Swissquote Bank Research Team Swissquote Bank Ltd

Gold spot ($)

Under pressure.

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Pivot (invalidation): 1201.00

Our preference
Short positions below 1201.00 with targets at 1189.00 & 1184.50 in extension.

Alternative scenario
Above 1201.00 look for further upside with 1206.00 & 1290.50 as targets.

Comment
The RSI is mixed to bearish.

Silver spot ($)

Key resistance at 15.1800.

Pivot (invalidation): 15.1800

Our preference
Short positions below 15.1800 with targets at 14.8800 & 14.7700 in extension.

Alternative scenario
Above 15.1800 look for further upside with 15.3000 & 15.3900 as targets.

Comment
The RSI is mixed to bearish.

Crude Oil (WTI)

Key resistance at 67.60.

Pivot (invalidation): 67.60

Our preference
Short positions below 67.60 with targets at 66.95 & 66.50 in extension.

Alternative scenario
Above 67.60 look for further upside with 67.95 & 68.50 as targets.

Comment
As Long as the resistance at 67.60 is not surpassed, the risk of the break below 66.95 remains high.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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