Gold spot intraday: The bias remains bullish
Gold spot: The bias remains bullish
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1765.50
Our preference
Long positions above 1765.50 with targets at 1776.00 & 1779.00 in extension.
Alternative scenario
Below 1765.50 look for further downside with 1758.00 & 1755.00 as targets.
Comment
The RSI is mixed to bullish.
Silver spot: Expect 18.0700
Pivot (invalidation): 17.7500
Our preference
Long positions above 17.7500 with targets at 17.9700 & 18.0700 in extension.
Alternative scenario
Below 17.7500 look for further downside with 17.6700 & 17.5500 as targets.
Comment
The RSI is bullish and calls for further advance.
Crude Oil (WTI): Bullish bias above 38.80
Pivot (invalidation): 38.80
Our preference
Long positions above 38.80 with targets at 39.90 & 40.50 in extension.
Alternative scenario
Below 38.80 look for further downside with 38.20 & 37.60 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.