Gold spot: Expect 1747.00
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Pivot (invalidation): 1778.00
Our preference
Short positions below 1778.00 with targets at 1759.00 & 1747.00 in extension.
Alternative scenario
Above 1778.00 look for further upside with 1789.00 & 1796.00 as targets.
Comment
The RSI is mixed to bearish.
Silver spot: Expect 17.6700
Pivot (invalidation): 18.1000
Our preference
Short positions below 18.1000 with targets at 17.8100 & 17.6700 in extension.
Alternative scenario
Above 18.1000 look for further upside with 18.3200 & 18.4400 as targets.
Comment
A break below 17.8100 would trigger a drop towards 17.6700.
Crude Oil (WTI): Further upside
Pivot (invalidation): 39.15
Our preference
Long positions above 39.15 with targets at 40.55 & 41.20 in extension.
Alternative scenario
Below 39.15 look for further downside with 38.85 & 38.50 as targets.
Comment
The RSI advocates for further advance.
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