Gold spot ($)
Expect 1437.50.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1416.00
Our preference
Long positions above 1416.00 with targets at 1428.00 & 1437.50 in extension.
Alternative scenario
Below 1416.00 look for further downside with 1410.00 & 1403.00 as targets.
Comment
The RSI shows upside momentum.
Silver spot ($)
Supported by a rising trend line.
Pivot (invalidation): 15.1500
Our preference
Long positions above 15.1500 with targets at 15.4200 & 15.5000 in extension.
Alternative scenario
Below 15.1500 look for further downside with 15.0700 & 15.0200 as targets.
Comment
The RSI is bullish and calls for further advance.
Crude Oil (WTI)
Further advance.
Pivot (invalidation): 59.75
Our preference
Long positions above 59.75 with targets at 61.10 & 61.95 in extension.
Alternative scenario
Below 59.75 look for further downside with 59.05 & 58.50 as targets.
Comment
The RSI shows upside momentum.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now