Gold Intraday: consolidation in place.
Pivot:
1828.00
Our preference:
Short positions below 1828.00 with targets at 1811.00 & 1801.00 in extension.
Alternative scenario:
Above 1828.00 look for further upside with 1838.00 & 1848.00 as targets.
Comment:
As long as 1828.00 is resistance, look for choppy price action with a bearish bias.
Crude Oil (WTI) (G2) Intraday: under pressure.
Pivot:
82.45
Our preference:
Short positions below 82.45 with targets at 80.90 & 80.15 in extension.
Alternative scenario:
Above 82.45 look for further upside with 83.10 & 83.90 as targets.
Comment:
The RSI advocates for further decline.
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