Market Analysis on Monday 6 December 2021

2021-12-06 08:50Source:BtcDana

Gold Intraday: target 1808.00.

 

Pivot:

1770.00

 

Our preference:

Long positions above 1770.00 with targets at 1795.00 & 1808.00 in extension.

 

Alternative scenario:

Below 1770.00 look for further downside with 1761.00 & 1755.00 as targets.

 

Comment:

The RSI calls for a rebound.


Analyst Views Chart

 

Crude Oil (WTI)‎ (F2)‎ Intraday: bounce.

 

Pivot:

66.20

 

Our preference:

Long positions above 66.20 with targets at 68.20 & 69.30 in extension.

 

Alternative scenario:

Below 66.20 look for further downside with 65.50 & 64.40 as targets.

 

Comment:

The RSI calls for a bounce.


Analyst Views Chart

 

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