Gold Intraday: bullish bias above 1786.00.
Pivot:
1786.00
Our preference:
Long positions above 1786.00 with targets at 1801.00 & 1807.00 in extension.
Alternative scenario:
Below 1786.00 look for further downside with 1780.00 & 1774.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
Crude Oil (WTI) (G2) Intraday: under pressure.
Pivot:
79.60
Our preference:
Short positions below 79.60 with targets at 77.75 & 77.15 in extension.
Alternative scenario:
Above 79.60 look for further upside with 80.45 & 81.00 as targets.
Comment:
The RSI has broken down its 30 level.
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