Gold spot Intraday (2016.06.03)

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Gold spot Intraday –¬†Gold spot Intraday: further advance.
Pivot: 1205.80

Most Likely Scenario: long positions above 1205.80 with targets @ 1217.60 & 1220.50 in extension.

Alternative scenario: below 1205.80 look for further downside with 1203.00 & 1199.50 as targets.

Comment: the RSI is mixed to bullish.

Gold

Crude Oil (WTI) (N6) Intraday: key resistance at 49.41.

Pivot: 49.41

Most Likely Scenario: short positions below 49.41 with targets @ 48.85 & 48.45 in extension.

Alternative scenario: above 49.41 look for further upside with 49.72 & 50.10 as targets.

Comment: the upward potential is likely to be limited by the resistance at 49.41.

Oil Chart

IL

FXPRO

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Licenses and Regulations

Financial Conduct Authority (FCA)

FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (Reg. No. 509956).

Cyprus Securities and Exchange Commission (CySEC)

FxPro Financial Services Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number 078/07), the supervisory and regulatory authority for investment services firms in Cyprus.

MiFID

The Markets in Financial Instruments (MiFID) directive 2004/39/EC came into effect on 1/11/2007 with the aim of regulating the markets of financial instruments and the provision of investment services and activities within the European Economic Area (EEA). The Directive was adopted in Cyprus through the Cyprus Investment Services and Activities and Regulated Markets Law of 2007 (Law 144 (I)/2007).


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