Gold Intraday: bullish bias above 1824.00.
Pivot:
1824.00
Our preference:
Long positions above 1824.00 with targets at 1842.00 & 1850.00 in extension.
Alternative scenario:
Below 1824.00 look for further downside with 1816.00 & 1809.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
Crude Oil (WTI) (H2) Intraday: bullish bias above 89.00.
Pivot:
89.00
Our preference:
Long positions above 89.00 with targets at 90.75 & 91.50 in extension.
Alternative scenario:
Below 89.00 look for further downside with 88.40 & 87.70 as targets.
Comment:
The RSI calls for a bounce.
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