Market Analysis on Monday 13 December 2021

2021-12-13 09:35Source:BtcDana

Gold Intraday: expect 1793.00.

 

Pivot:

1776.00

 

Our preference:

Long positions above 1776.00 with targets at 1789.00 & 1793.00 in extension.

 

Alternative scenario:

Below 1776.00 look for further downside with 1769.00 & 1763.00 as targets.

 

Comment:

The RSI calls for a bounce.


Analyst Views Chart


Crude Oil (WTI)‎ (F2)‎ Intraday: further upside.

 

Pivot:

71.20

 

Our preference:

Long positions above 71.20 with targets at 73.30 & 74.30 in extension.

 

Alternative scenario:

Below 71.20 look for further downside with 70.40 & 69.50 as targets.

 

Comment:

The RSI advocates for further advance.

 

Analyst Views Chart



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