Market Analysis on Wednesday 26 January 2022

2022-01-26 09:45Source:BtcDana

Gold Intraday: aim @ 1865.00.

 

Pivot:

1840.00

 

Our preference:

Long positions above 1840.00 with targets at 1858.00 & 1865.00 in extension.

 

Alternative scenario:

Below 1840.00 look for further downside with 1834.00 & 1828.00 as targets.

 

Comment:

The RSI calls for a bounce.


Analyst Views Chart


Crude Oil (WTI)‎ (H2)‎ Intraday: further advance.

 

Pivot:

84.20

 

Our preference:

Long positions above 84.20 with targets at 86.05 & 87.25 in extension.

 

Alternative scenario:

Below 84.20 look for further downside with 83.40 & 82.65 as targets.

 

Comment:

The RSI advocates for further upside.


Analyst Views Chart


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