Gold Intraday: the upside prevails.
Pivot:
1897.00
Our preference:
Long positions above 1897.00 with targets at 1921.00 & 1930.00 in extension.
Alternative scenario:
Below 1897.00 look for further downside with 1887.00 & 1877.00 as targets.
Comment:
The RSI advocates for further advance.
Crude Oil (WTI) (J2) Intraday: 96.00 expected.
Pivot:
91.70
Our preference:
Long positions above 91.70 with targets at 94.80 & 96.00 in extension.
Alternative scenario:
Below 91.70 look for further downside with 90.60 & 89.40 as targets.
Comment:
The RSI shows upside momentum.
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