Crude Oil (Sep 11) intraday: the downside prevails. |
| Pivot: 95.45 Our Preference: SHORT positions below 95.45 with 92.5 & 91.95 as next targets. Alternative scenario: The upside breakout of 95.45 will open the way to 96.5 & 97.3. Comment: the RSI is bearish and calls for further decline. |
GOLD (Spot) intraday: further advance. |
| Pivot: 1639.00 Our Preference: LONG positions above 1639 with 1661.5 & 1673 in sight. Alternative scenario: The downside penetration of 1639 will call for a slide towards 1630 & 1620. Comment: the immediate trend remains up and the momentum is strong. |
No comments:
Post a Comment