Gold Intraday: key resistance at 1813.00.
Pivot:
1813.00
Our preference:
Short positions below 1813.00 with targets at 1795.00 & 1788.00 in extension.
Alternative scenario:
Above 1813.00 look for further upside with 1820.00 & 1827.00 as targets.
Comment:
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Crude Oil (WTI) (G2) Intraday: 76.60 expected.
Pivot:
75.45
Our preference:
Long positions above 75.45 with targets at 76.60 & 76.95 in extension.
Alternative scenario:
Below 75.45 look for further downside with 74.95 & 74.25 as targets.
Comment:
The RSI is mixed to bullish.
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