Market Analysis on Thursday 23 December 2021

2021-12-23 09:55Source:BtcDana

Gold Intraday: aim @ 1819.00.

 

Pivot:

1794.00

 

Our preference:

Long positions above 1794.00 with targets at 1814.00 & 1819.00 in extension.

 

Alternative scenario:

Below 1794.00 look for further downside with 1788.00 & 1784.00 as targets.

 

Comment:

The RSI is bullish and calls for further upside.



Analyst Views Chart


Crude Oil (WTI)‎ (G2)‎ Intraday: further advance.

 

Pivot:

71.70

 

Our preference:

Long positions above 71.70 with targets at 74.55 & 75.70 in extension.

 

Alternative scenario:

Below 71.70 look for further downside with 70.65 & 69.35 as targets.

 

Comment:

The RSI shows upside momentum.

 

Analyst Views Chart



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