Gold Intraday: key resistance at 1920.00.
Pivot:
1920.00
Our preference:
Short positions below 1920.00 with targets at 1892.00 & 1878.00 in extension.
Alternative scenario:
Above 1920.00 look for further upside with 1940.00 & 1956.00 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.
Crude Oil (WTI) (J2) Intraday: key resistance at 95.65.
Pivot:
95.65
Our preference:
Short positions below 95.65 with targets at 92.60 & 91.45 in extension.
Alternative scenario:
Above 95.65 look for further upside with 97.00 & 98.20 as targets.
Comment:
The index currently faces a challenging resistance area at 95.65.
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