GOLD (Spot) intraday: further upside. |
| Pivot: 1755.00 Our Preference: LONG positions above 1755 with 1804 & 1825 in sight. Alternative scenario: The downside breakout of 1755 will open the way to 1730 & 1703. Comment: the RSI is bullish and calls for further upside. |
Crude Oil (Oct 11) intraday: the downside prevails. |
| Pivot: 86.60 Our Preference: SHORT positions below 86.6 with 83.9 & 82.95 as next targets. Alternative scenario: The upside penetration of 86.6 will call for 88.2 & 89.2. Comment: the upward potential is likely to be limited by the resistance at 86.6 |
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