Gold Intraday: bullish bias above 1804.00.
Pivot:
1804.00
Our preference:
Long positions above 1804.00 with targets at 1820.00 & 1827.00 in extension.
Alternative scenario:
Below 1804.00 look for further downside with 1797.00 & 1790.00 as targets.
Comment:
The RSI is mixed to bullish.
Crude Oil (WTI) (G2) Intraday: the bias remains bullish.
Pivot:
76.30
Our preference:
Long positions above 76.30 with targets at 78.00 & 78.55 in extension.
Alternative scenario:
Below 76.30 look for further downside with 75.70 & 75.20 as targets.
Comment:
The RSI lacks downward momentum.
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