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Gold and Oil Analysis
Gold spot Intraday: rebound.
Pivot: 1265
Most Likely Scenario: Long positions above 1265 with targets @ 1285 & 1293 in extension.
Alternative scenario: Below 1265 look for further downside with 1258 & 1250 as targets.
Comment: The RSI is mixed to bullish.
Gold Chart
Crude Oil (NYMEX) (H5) Intraday: further advance
Pivot: 45.6
Most Likely Scenario: Long positions above 45.6 with targets @ 48.4 & 49.3 in extension.
Alternative scenario: Below 45.6 look for further downside with 43.5 & 42.6 as targets.
Comment: The RSI is mixed to bullish.
Oil Chart
FxPro
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Tags : Gold Gold & Oil News and Analysis Oil
