Silver spot Intraday: Key resistance at 15.2700

Gold spot ($)

Key resistance at 1292.50.

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Pivot (invalidation): 1292.50

Our preference Short positions below 1292.50 with targets at 1282.50 & 1276.50 in extension.

Alternative scenarioAbove 1292.50 look for further upside with 1297.00 & 1304.00 as targets.

Comment The RSI is mixed and calls for caution.

Silver spot ($)

Key resistance at 15.2700.

Pivot (invalidation): 15.2700

Our preferenceShort positions below 15.2700 with targets at 15.0000 & 14.8400 in extension.

Alternative scenario Above 15.2700 look for further upside with 15.3900 & 15.5000 as targets.

CommentThe RSI is mixed and calls for caution.

Crude Oil (WTI)

Supported by a rising trend line.

Pivot (invalidation): 56.05

Our preferenceLong positions above 56.05 with targets at 56.65 & 57.00 in extension.

Alternative scenario Below 56.05 look for further downside with 55.55 & 55.05 as targets.

CommentEven though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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.