Gold Intraday: bullish bias above 1799.00.
Pivot:
1799.00
Our preference:
Long positions above 1799.00 with targets at 1814.00 & 1822.00 in extension.
Alternative scenario:
Below 1799.00 look for further downside with 1794.00 & 1788.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
Crude Oil (WTI) (H2) Intraday: range.
Pivot:
88.45
Our preference:
Short positions below 88.45 with targets at 87.10 & 86.75 in extension.
Alternative scenario:
Above 88.45 look for further upside with 88.85 & 89.40 as targets.
Comment:
As long as 88.45 is resistance, expect a return to 87.10.
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