Crude Oil (Sep 11) intraday: up turn. |
Pivot: 96.00 Our Preference: LONG positions above 96 with 98 & 99 in sight. Alternative scenario: The downside penetration of 96 will call for 95 & 94. Comment: the RSI broke above a bearish trend line. |
GOLD (Spot) intraday: key ST resistance at 1620 |
Pivot: 1620.00 Our Preference: SHORT positions below 1620 with 1607 & 1600 in sight. Alternative scenario: The upside penetration of 1620 will call for a rebound towards 1627 & 1632. Comment: the break below 1620 is a negative signal that has opened a path to 1607. |
No comments:
Post a Comment