GOLD (Spot) intraday: key ST resistance at 1830 |
| Pivot: 1830.00 Our Preference: SHORT positions below 1830 with targets @ 1796 & 1770. Alternative scenario: The upside penetration of 1830 will call for a rebound towards 1855 & 1878. Comment: the index currently faces a challenging resistance area at 1830. |
Crude Oil (Oct 11) intraday: further advance. |
| Pivot: 85.00 Our Preference: LONG positions above 85 with targets @ 86.6 & 88.2. Alternative scenario: The downside penetration of 85 will call for 82.9 & 81.7. Comment: the RSI advocates for further advance. |
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