GOLD (Spot) intraday: further upside. |
| Pivot: 1745.00 Our Preference: LONG positions above 1745 with 1780 & 1796 as next targets. Alternative scenario: The downside penetration of 1745 will call for 1725 & 1700. Comment: the RSI broke above a bearish trend line. |
Crude Oil (Sep 11) intraday: the bias remains bullish. |
| Pivot: 85.00 Our Preference: LONG positions above 85 with 90.25 & 92.85 in sight. Alternative scenario: The downside penetration of 85 will call for 82.85 & 80.7. Comment: the price is supported by a rising trend line. |
No comments:
Post a Comment