GOLD (Spot) intraday: under pressure. |
| Pivot: 1913.00 Our Preference: SHORT positions below 1913 with targets @ 1857 & 1830. Alternative scenario: The upside penetration of 1913 will call for 1940 & 1983. Comment: the RSI is capped by a declining trend line. |
Crude Oil (Oct 11) intraday: further upside. |
| Pivot: 83.30 Our Preference: LONG positions above 83.3 with targets @ 86.05 & 87. Alternative scenario: The downside breakout of 83.3 will open the way to 81.15 & 79.35. Comment: the nearest support 84.5 should contain any downward attempt. |
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