Gold Intraday: 1772.00 expected.
Pivot:
1801.00
Our preference:
Short positions below 1801.00 with targets at 1781.00 & 1772.00 in extension.
Alternative scenario:
Above 1801.00 look for further upside with 1810.00 & 1815.00 as targets.
Comment:
The RSI is bearish and calls for further downside
Crude Oil (WTI) (G2) Intraday: the bias remains bullish.
Pivot:
78.70
Our preference:
Long positions above 78.70 with targets at 80.70 & 81.30 in extension.
Alternative scenario:
Below 78.70 look for further downside with 77.80 & 76.80 as targets.
Comment:
The RSI is mixed with a bullish bias.
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