Gold Intraday: further upside.
Pivot:
1885.00
Our preference:
Long positions above 1885.00 with targets at 1915.00 & 1925.00 in extension.
Alternative scenario:
Below 1885.00 look for further downside with 1877.00 & 1867.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (H2) Intraday: consolidation in place.
Pivot:
92.50
Our preference:
Short positions below 92.50 with targets at 90.85 & 90.00 in extension.
Alternative scenario:
Above 92.50 look for further upside with 93.30 & 94.00 as targets.
Comment:
The RSI is mixed.
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