Silver spot intraday: Further advance
Gold spot: Bullish bias above 1811.50
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Pivot (invalidation): 1811.50
Our preference
Long positions above 1811.50 with targets at 1820.50 & 1828.00 in extension.
Alternative scenario
Below 1811.50 look for further downside with 1807.50 & 1803.00 as targets.
Comment
The RSI is mixed to bullish.
Silver spot: Further advance
Pivot (invalidation): 19.9200
Our preference
Long positions above 19.9200 with targets at 20.4400 & 20.6000 in extension.
Alternative scenario
Below 19.9200 look for further downside with 19.6800 & 19.5600 as targets.
Comment
The RSI advocates for further upside.
Crude Oil (WTI): Expect 41.45
Pivot (invalidation): 40.65
Our preference
Long positions above 40.65 with targets at 41.25 & 41.45 in extension.
Alternative scenario
Below 40.65 look for further downside with 40.30 & 40.00 as targets.
Comment
The RSI is bullish and calls for further upside.
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