Gold spot Intraday: key resistance at 1236.00.
Most Likely Scenario: short positions below 1236.00 with targets @ 1224.00 & 1220.00 in extension.
Alternative scenario: above 1236.00 look for further upside with 1241.00 & 1247.50 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1236.00.
Crude Oil (WTI) (K6) Intraday: further upside.
Most Likely Scenario: long positions above 38.44 with targets @ 40.80 & 41.73 in extension.
Alternative scenario: below 38.44 look for further downside with 37.60 & 36.80 as targets.
Comment: the RSI is mixed with a bullish bias.
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