Gold spot ($) Intraday: Further advance

Gold spot ($)

Further advance.

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Pivot (invalidation): 1276.00

Our preferenceLong positions above 1276.00 with targets at 1285.00 & 1287.00 in extension.

Alternative scenarioBelow 1276.00 look for further downside with 1273.00 & 1270.00 as targets.

CommentThe RSI is bullish and calls for further upside.

Silver spot ($)

Expect 15.1100.

Pivot (invalidation): 14.8900

Our preferenceLong positions above 14.8900 with targets at 15.0600 & 15.1100 in extension.

Alternative scenario Below 14.8900 look for further downside with 14.8400 & 14.7700 as targets.

Comment The RSI is bullish and calls for further advance.

Crude Oil (WTI)

63.95 in sight.

Pivot (invalidation): 65.40

Our preferenceShort positions below 65.40 with targets at 64.25 & 63.95 in extension.

Alternative scenario Above 65.40 look for further upside with 65.80 & 66.15 as targets.

Comment The RSI has broken down its 30 level.

This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.