Gold spot intraday: Turning up
Gold spot: Turning up
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Pivot (invalidation): 1876.00
Our preference
Long positions above 1876.00 with targets at 1894.00 & 1900.00 in extension.
Alternative scenario
Below 1876.00 look for further downside with 1869.00 & 1862.00 as targets.
Comment
The RSI is bullish and calls for further upside.
Silver spot: Turning up
Pivot (invalidation): 26.1100
Our preference
Long positions above 26.1100 with targets at 26.7700 & 27.0000 in extension.
Alternative scenario
Below 26.1100 look for further downside with 25.9200 & 25.7400 as targets.
Comment
The RSI is bullish and calls for further advance.
Crude Oil (WTI): Rebound
Pivot (invalidation): 47.75
Our preference
Long positions above 47.75 with targets at 48.60 & 48.95 in extension.
Alternative scenario
Below 47.75 look for further downside with 47.50 & 47.20 as targets.
Comment
The RSI is mixed with a bullish bias.
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