Gold Intraday: key resistance at 1833.00.
Pivot:
1833.00
Our preference:
Short positions below 1833.00 with targets at 1810.00 & 1800.00 in extension.
Alternative scenario:
Above 1833.00 look for further upside with 1840.00 & 1848.00 as targets.
Comment:
As long as the resistance at 1833.00 is not surpassed, the risk of the break below 1810.00 remains high.
Crude Oil (WTI) (H2) Intraday: further upside.
Pivot:
86.25
Our preference:
Long positions above 86.25 with targets at 87.90 & 88.70 in extension.
Alternative scenario:
Below 86.25 look for further downside with 85.65 & 85.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
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