Gold Intraday: towards 1798.00.
Pivot:
1812.00
Our preference:
Short positions below 1812.00 with targets at 1803.00 & 1798.00 in extension.
Alternative scenario:
Above 1812.00 look for further upside with 1816.00 & 1820.00 as targets.
Comment:
The RSI is bearish and calls for further downside.
Crude Oil (WTI) (G2) Intraday: the bias remains bullish.
Pivot:
75.20
Our preference:
Long positions above 75.20 with targets at 76.90 & 77.80 in extension.
Alternative scenario:
Below 75.20 look for further downside with 74.20 & 73.50 as targets.
Comment:
The RSI is mixed with a bullish bias.
This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading View and BTCDana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.