Gold Intraday: further upside.
Pivot:
1799.00
Our preference:
Long positions above 1799.00 with targets at 1811.00 & 1817.00 in extension.
Alternative scenario:
Below 1799.00 look for further downside with 1794.00 & 1788.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (H2) Intraday: bullish bias above 89.40.
Pivot:
89.40
Our preference:
Long positions above 89.40 with targets at 91.00 & 92.00 in extension.
Alternative scenario:
Below 89.40 look for further downside with 88.60 & 87.90 as targets.
Comment:
The next resistances are at 91.00 and then at 92.00.
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