Crude Oil (Sep 11) intraday: further advance. |
| Pivot: 97.80 Our Preference: LONG positions above 97.8 with targets @ 100.6 & 101.2. Alternative scenario: The downside breakout of 97.8 will open the way to 97.2 & 96.4. Comment: range. |
GOLD (Spot) intraday: 1635 in sight |
| Pivot: 1607.00 Our Preference: LONG positions above 1607 with 1635 & 1648 as next targets. Alternative scenario: The downside penetration of 1607 will call for a slide towards 1593 & 1583. Comment: the price has struck against its support threshold at 1610 and the RSI is well directed. |
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