Gold Pivot Point 2015.07.20
Most Likely Scenario: Short positions below 1130 with targets @ 1087 & 1080 in extension.
Alternative scenario: Above 1130 look for further upside with 1139 & 1146 as targets.
Comment: As long as 1130 is resistance, likely decline to 1087.
Oil Pivot Point
Most Likely Scenario: Short positions below 51.25 with targets @ 50 & 49.3 in extension.
Alternative scenario: Above 51.25 look for further upside with 52.2 & 52.85 as targets.
Comment: As long as 51.25 is resistance, likely decline to 50.
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