Gold Intraday: key resistance at 1780.00.
Pivot:
1780.00
Our preference:
Short positions below 1780.00 with targets at 1766.00 & 1759.00 in extension.
Alternative scenario:
Above 1780.00 look for further upside with 1785.00 & 1790.00 as targets.
Comment:
As long as the resistance at 1780.00 is not surpassed, the risk of the break below 1766.00 remains high.
Crude Oil (WTI) (F2) Intraday: key resistance at 71.15.
Pivot:
71.15
Our preference:
Short positions below 71.15 with targets at 69.60 & 68.85 in extension.
Alternative scenario:
Above 71.15 look for further upside with 72.00 & 72.90 as targets.
Comment:
The RSI has just struck against its neutrality area at 50% and is reversing down.
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