Gold Intraday: bullish bias above 1828.00.
Pivot:
1828.00
Our preference:
Long positions above 1828.00 with targets at 1850.00 & 1856.00 in extension.
Alternative scenario:
Below 1828.00 look for further downside with 1822.00 & 1816.00 as targets.
Comment:
The RSI is mixed to bullish.
Crude Oil (WTI) (H2) Intraday: turning down.
Pivot:
86.00
Our preference:
Short positions below 86.00 with targets at 84.00 & 83.10 in extension.
Alternative scenario:
Above 86.00 look for further upside with 86.80 & 87.40 as targets.
Comment:
The RSI calls for a drop.
This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading View and BTCDana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.