Gold spot Intraday: capped by a negative trend line.
Most Likely Scenario: Short positions below 1103 with targets @ 1085 & 1079 in extension.
Alternative scenario: Above 1103 look for further upside with 1111 & 1119 as targets.
Comment: The RSI lacks upward momentum.
Crude Oil (WTI) (Z5) Intraday: key resistance at 45.1.
Most Likely Scenario: Short positions below 45.1 with targets @ 43.48 & 43.05 in extension.
Alternative scenario: Above 45.1 look for further upside with 45.65 & 46.2 as targets.
Comment: As long as the resistance at 45.1 is not surpassed, the risk of the break below 43.48 remains high.
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