Market Analysis on Monday 21 February 2022

2022-02-21 09:30Source:BtcDana

Gold Intraday: 1925.00 expected.

 

Pivot:

1890.00

 

Our preference:

Long positions above 1890.00 with targets at 1915.00 & 1925.00 in extension.

 

Alternative scenario:

Below 1890.00 look for further downside with 1882.00 & 1875.00 as targets.

 

Comment:

The RSI is bullish and calls for further upside.



Analyst Views Chart


 

Crude Oil (WTI)‎ (J2)‎ Intraday: further advance.

 

Pivot:

89.90

 

Our preference:

Long positions above 89.90 with targets at 92.95 & 93.80 in extension.

 

Alternative scenario:

Below 89.90 look for further downside with 89.05 & 88.15 as targets.

 

Comment:

The RSI advocates for further upside.


Analyst Views Chart


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