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Source: Fxpro Forex Broker (Rview and Forex Rebates Up to 85%)

Gold spot Intraday: under pressure.

Pivot: 1082

Most Likely Scenario: short positions below 1082 with targets @ 1068 & 1064 in extension.

Alternative scenario: above 1082 look for further upside with 1088 & 1093 as targets.

Comment: as long as 1082 is resistance, likely decline to 1068.

Gold Chart

gold2016chart

Crude Oil (WTI) (F6) Intraday: under pressure.

Pivot: 38.9

Most Likely Scenario: short positions below 38.9 with targets @ 36.6 & 35.9 in extension.

Alternative scenario: above 38.9 look for further upside with 39.8 & 40.7 as targets.

Comment: as long as 38.9 is resistance, likely decline to 36.6.

Oil Chart

oilchart_2016

[ssba]

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Jack Says

0 1

I have checked the gold chart and can\'t find any sign to increase the price in short term

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gold Says

1 1

I don\'t agree with you, main trend of the gold is up!!!



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