Source: Fxpro Forex Broker (Review and Forex Rebates Up to 85%)
Gold spot Intraday: under pressure.
Pivot: 1261.00
Most Likely Scenario: short positions below 1261.00 with targets @ 1245.00 & 1242.00 in extension.
Alternative scenario: above 1261.00 look for further upside with 1269.00 & 1279.00 as targets.
Comment: as long as 1261.00 is resistance, look for choppy price action with a bearish bias.
Gold Chart
Crude Oil (WTI) (J6) Intraday: bullish bias above 37.20.
Pivot: 37.20
Most Likely Scenario: long positions above 37.20 with targets @ 39.35 & 40.40 in extension.
Alternative scenario: below 37.20 look for further downside with 36.55 & 36.05 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Oil Chart
Categories :
Tags : forex bonus without deposit Forex Broker forex broker bonus forex learn forex learning forex learning pdf forex tutorials for beginners pdf Gold how to trade forex for beginners pdf learning forex trading pdf News Oil
