Silver Spot Intraday: Key resistance at 14.3600

Gold spot ($)

Key resistance at 1219.00.

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Pivot (invalidation): 1219.00

Our preferenceShort positions below 1219.00 with targets at 1214.50 & 1212.00 in extension.

Alternative scenario Above 1219.00 look for further upside with 1223.50 & 1226.50 as targets.

CommentAs Long as the resistance at 1219.00 is not surpassed, the risk of the break below 1214.50 remains high.

Silver spot ($)

Key resistance at 14.3600.

Pivot (invalidation): 14.3600

Our preferenceShort positions below 14.3600 with targets at 14.2600 & 14.2100 in extension.

Alternative scenario Above 14.3600 look for further upside with 14.4700 & 14.5300 as targets.

Comment As Long as 14.3600 is resistance, expect a return to 14.2600.

Crude Oil (WTI)

Key resistance at 65.50.

Pivot (invalidation): 65.50

Our preference Short positions below 65.50 with targets at 64.80 & 64.30 in extension.

Alternative scenario Above 65.50 look for further upside with 65.80 & 66.30 as targets.

CommentThe RSI advocates for further downside.

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.