GOLD (Spot) intraday: the downside prevails. |
| Pivot: 1762.00 Our Preference: SHORT positions below 1762 with targets @ 1720 & 1700. Alternative scenario: The upside penetration of 1762 will call for 1780 & 1815. Comment: the RSI is capped by a declining trend line. |
Crude Oil (Sep 11) intraday: further upside. |
| Pivot: 82.85 Our Preference: LONG positions above 82.85 with 87.3 & 90.25 as next targets. Alternative scenario: The downside breakout of 82.85 will open the way to 80.7 & 79.5. Comment: the RSI is supported by a rising trend line. |
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