GOLD (Spot) intraday: bullish bias above 1810 |
Pivot: 1810.00 Our Preference: LONG positions above 1810 with 1840 & 1855 in sight. Alternative scenario: The downside breakout of 1810 will open the way to 1770 & 1742. Comment: tentative rising trend line currently standing at 1814. |
Crude Oil (Oct 11) intraday: caution |
Pivot: 87.50 Our Preference: LONG positions above 87.5 with 89.15 & 90.2 in sight. Alternative scenario: The downside penetration of 87.5 will call for a slide towards 86.5 & 85. Comment: intraday support around 87.5. |
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