Source: Fxpro Forex Broker (Review and Fx Rebates Up to 85%)
Gold spot Intraday: under pressure.
Pivot: 1209.00
Most Likely Scenario: short positions below 1209.00 with targets @ 1187.00 & 1181.00 in extension.
Alternative scenario: above 1209.00 look for further upside with 1222.00 & 1235.00 as targets.
Comment: the RSI lacks upward momentum.
Gold Chart
Crude Oil (WTI) (H6) Intraday: continuation of the rebound.
Pivot: 29.50
Most Likely Scenario: long positions above 29.50 with targets @ 31.40 & 32.50 in extension.
Alternative scenario: below 29.50 look for further downside with 28.30 & 26.95 as targets.
Comment: the RSI is bullish and calls for further upside.
Oil Chart
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