Market Analysis on Thursday 13 January 2022

2022-01-13 09:50Source:BtcDana

Gold Intraday: bullish bias above 1814.00.

 

Pivot:

1814.00

 

Our preference:

Long positions above 1814.00 with targets at 1831.00 & 1839.00 in extension.

 

Alternative scenario:

Below 1814.00 look for further downside with 1808.00 & 1801.00 as targets.

 

Comment:

The RSI is mixed with a bullish bias.


Analyst Views Chart



Crude Oil (WTI)‎ (G2)‎ Intraday: target 84.30.

 

Pivot:

81.80

 

Our preference:

Long positions above 81.80 with targets at 83.50 & 84.30 in extension.

 

Alternative scenario:

Below 81.80 look for further downside with 81.15 & 80.45 as targets.

 

Comment:

The RSI is bullish and calls for further upside.


Analyst Views Chart



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