Crude Oil (Sep 11) intraday: look for 75.7 |
| Pivot: 83.30 Our Preference: SHORT positions below 83.3 with 77.6 & 75.7 as next targets. Alternative scenario: The upside penetration of 83.3 will call for a rebound towards 85 & 87. Comment: the price is capped by a declining trend line. |
GOLD (Spot) intraday: further advance. |
| Pivot: 1719.00 Our Preference: LONG positions above 1719 with 1780 & 1807 in sight. Alternative scenario: The downside breakout of 1719 will open the way to 1692 & 1670. Comment: a support base at 1719 has formed and has allowed for a temporary stabilisation. |
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