GOLD (Spot) intraday: under pressure. |
| Pivot: 1895.00 Our Preference: SHORT positions below 1895 with targets @ 1845 & 1830. Alternative scenario: The upside penetration of 1895 will call for 1920 & 1940. Comment: the price is breaking below its rising trend line. |
Crude Oil (Oct 11) intraday: towards 85.7 |
| Pivot: 81.15 Our Preference: LONG positions @ 83.05 with 84.3 & 85.7 as next targets. Alternative scenario: The downside breakout of 81.15 will open the way to 79.35 & 78.05. Comment: a bullish flag pattern is confirmed and calls for further upside. |
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