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Source: FxPro Broker(Review and Fx Rebates)

Gold spot Intraday: further advance.

Pivot: 1152

Most Likely Scenario: Long positions above 1152 with targets @ 1169 & 1175 in extension.

Alternative scenario: Below 1152 look for further downside with 1148 & 1144 as targets.

Comment: The RSI is mixed.

Gold Chart

gold_125645

Crude Oil (WTI) (Z5) Intraday: rebound expected.

Pivot: 44.3

Most Likely Scenario: Long positions above 44.3 with targets @ 46.7 & 47.27 in extension.

Alternative scenario: Below 44.3 look for further downside with 43.75 & 43.25 as targets.

Comment: Technically the RSI is above its neutrality area at 50.

Oil Chart

oil_2655

 

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