Gold
Pivot: 1600.00
Our Preference: LONG positions above 1600 with targets @ 1635 & 1648.
Alternative scenario: The downside penetration of 1600 will call for 1593 & 1583.
Comment: the price holds above its support threshold at 1610. Furthermore, a bullish triangle is taking place.
Pivot: 1600.00
Our Preference: LONG positions above 1600 with targets @ 1635 & 1648.
Alternative scenario: The downside penetration of 1600 will call for 1593 & 1583.
Comment: the price holds above its support threshold at 1610. Furthermore, a bullish triangle is taking place.
Crude Oil (Sep 11) intraday: target 100.6 |
| Pivot: 98.40 Our Preference: LONG positions above 98.4 with 100 & 100.6 in sight. Alternative scenario: The downside penetration of 98.4 will call for 97.9 & 97.2. Comment: the price holds above its support level at 98.4. |
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