Gold spot Intraday: under pressure.
Most Likely Scenario: short positions below 1226.00 with targets @ 1210.00 & 1200.00 in extension.
Alternative scenario: above 1226.00 look for further upside with 1240.00 & 1246.00 as targets.
Comment: as long as 1226.00 is resistance, likely decline to 1210.00.
Crude Oil (WTI) (H6) Intraday: caution.
Most Likely Scenario: short positions below 30.35 with targets @ 28.75 & 27.75 in extension.
Alternative scenario: above 30.35 look for further upside with 32.00 & 32.90 as targets.
Comment: the index currently faces a challenging resistance area at 30.35.
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