Market Analysis on Monday 14 February 2022

2022-02-14 09:25Source:BtcDana

Gold Intraday: the upside prevails.

 

Pivot:

1842.00

 

Our preference:

Long positions above 1842.00 with targets at 1870.00 & 1880.00 in extension.

 

Alternative scenario:

Below 1842.00 look for further downside with 1832.00 & 1824.00 as targets.

 

Comment:

The immediate trend remains up and the momentum is strong.


Analyst Views Chart

 

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

 

Pivot:

92.75

 

Our preference:

Long positions above 92.75 with targets at 95.00 & 96.00 in extension.

 

Alternative scenario:

Below 92.75 look for further downside with 91.70 & 90.90 as targets.

 

Comment:

The next resistances are at 95.00 and then at 96.00.


Analyst Views Chart


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