Gold spot Intraday – Gold spot Intraday: further advance.
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.
Crude Oil (WTI) (N6) Intraday: key resistance at 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.
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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.
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