Market Analysis on Tuesday 28 December 2021

2021-12-28 09:50Source:BtcDana

Gold Intraday: expect 1827.00.

 

Pivot:

1802.00

 

Our preference:

Long positions above 1802.00 with targets at 1820.00 & 1827.00 in extension.

 

Alternative scenario:

Below 1802.00 look for further downside with 1795.00 & 1788.00 as targets.

 

Comment:

The RSI calls for a new upleg.


Analyst Views Chart


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

 

Pivot:

73.90

 

Our preference:

Long positions above 73.90 with targets at 77.15 & 78.55 in extension.

 

Alternative scenario:

Below 73.90 look for further downside with 72.55 & 70.95 as targets.

 

Comment:

The RSI is bullish and calls for further upside.


Analyst Views Chart


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