GOLD (Spot) intraday: further upside. |
| Pivot: 1810.00 Our Preference: LONG positions above 1810 with targets @ 1855 & 1871. Alternative scenario: The downside breakout of 1810 will open the way to 1770 & 1742. Comment: the RSI is supported by a bullish trend line. |
Crude Oil (Oct 11) intraday: further upside. |
| Pivot: 87.75 Our Preference: LONG positions above 87.75 with 89.15 & 90.2 in sight. Alternative scenario: The downside penetration of 87.75 will call for 86.5 & 85. Comment: the price remains on the upside and is challenging a resistance threshold at 89.15. |
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