GOLD (Spot) intraday: key ST resistance at 1780

Pivot: 1780.00 Our Preference: SHORT positions below 1780 with targets @ 1720 & 1700. Alternative scenario: The upside breakout of 1780 will open the way to 1815 & 1832. Comment: the RSI is capped by a declining trend line. Crude Oil (Sep 11) intraday: further advance. Pivot: 82.30 Our Preference: LONG positions above 82.3 with targets @ 87.3 & 90.25. Alternative scenario: The downside breakout of 82.3 will open the way to 80.7 & 79.5. Comment: the RSI is supported by a rising trend line.