Gold Intraday: further upside.
Pivot:
1899.00
Our preference:
Long positions above 1899.00 with targets at 1921.00 & 1930.00 in extension.
Alternative scenario:
Below 1899.00 look for further downside with 1892.00 & 1886.00 as targets.
Comment:
The RSI shows upside momentum.
Crude Oil (WTI) (J2) Intraday: rebound expected.
Pivot:
91.30
Our preference:
Long positions above 91.30 with targets at 93.90 & 94.95 in extension.
Alternative scenario:
Below 91.30 look for further downside with 90.65 & 89.75 as targets.
Comment:
The RSI calls for a rebound.
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