GOLD (Spot) intraday: further upside. |
| Pivot: 1890.00 Our Preference: LONG positions above 1890 with targets @ 1925 & 1940. Alternative scenario: The downside penetration of 1890 will call for 1870 & 1855. Comment: the RSI is mixed and calls for caution. |
Crude Oil (Oct 11) intraday: rebound in sight. |
| Pivot: 83.00 Our Preference: LONG positions above 83 with 84.3 & 85.4 as next targets. Alternative scenario: The downside breakout of 83 will open the way to 82 & 81.2. Comment: the RSI is posting a bullish divergence (not confirmed yet). |
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