Crude Oil (Oct 11) intraday: further advance. |
| Pivot: 79.35 Our Preference: LONG positions above 79.35 with targets @ 84.3 & 85.9. Alternative scenario: The downside penetration of 79.35 will call for a slide towards 78.05 & 76.5. Comment: a bullish flag pattern is taking place and calls for further upside. |
GOLD (Spot) intraday: the bias remains bullish. |
| Pivot: 1853.00 Our Preference: LONG positions above 1853 with targets @ 1881 & 1900. Alternative scenario: The downside penetration of 1853 will call for 1836 & 1815. Comment: the RSI is supported by a bullish trend line. |
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