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Gold spot Intraday: bullish bias above 1067.

Pivot: 1067

Most Likely Scenario: Long positions above 1067 with targets @ 1081.2 & 1084 in extension.

Alternative scenario: Below 1067 look for further downside with 1063.5 & 1061 as targets.

Comment: A support base at 1067 has formed and has allowed for a temporary stabilisation.

Gold Chart

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Crude Oil (WTI) (F6) Intraday: key resistance at 43.45.

Pivot: 43.45

Most Likely Scenario: Short positions below 43.45 with targets @ 41.7 & 41.26 in extension.

Alternative scenario: Above 43.45 look for further upside with 43.9 & 44.52 as targets.

Comment: As long as 43.45 is resistance, likely decline to 41.7.

Oil Chart

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