Market Analysis on Thursday 3 March 2022

2022-03-03 09:45Source:BtcDana

Gold Intraday: look for 1973.00.

 

Pivot:

1925.00

 

Our preference:

Long positions above 1925.00 with targets at 1957.00 & 1973.00 in extension.

 

Alternative scenario:

Below 1925.00 look for further downside with 1911.00 & 1900.00 as targets.

 

Comment:

The next resistances are at 1957.00 and then at 1973.00.


Analyst Views Chart


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

 

Pivot:

102.50

 

Our preference:

Long positions above 102.50 with targets at 109.00 & 112.50 in extension.

 

Alternative scenario:

Below 102.50 look for further downside with 99.70 & 97.40 as targets.

 

Comment:

The next resistances are at 109.00 and then at 112.50.


Analyst Views Chart


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