【Gold】Gold Intraday: bullish bias above 3756.00.

Our preference

Pivot level found at 3,756.00

Long positions above 3756.00 with targets at 3795.00 & 3815.00 in extension.

Alternative scenario

Below 3756.00 look for further downside with 3740.00 & 3722.00 as targets.

Comment

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

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【WTI】Crude Oil (WTI) (X5) Intraday: aim @ 64.10.

Our preference

Pivot level found at 65.85

Short positions below 65.85 with targets at 64.65 & 64.10 in extension.

Alternative scenario

Above 65.85 look for further upside with 66.40 & 66.80 as targets.

Comment

The RSI advocates for further downside.

【EURUSD】EUR/USD Intraday: further advance.

Our preference

Pivot level found at 1.1685

Long positions above 1.1685 with targets at 1.1750 & 1.1770 in extension.

Alternative scenario

Below 1.1685 look for further downside with 1.1670 & 1.1645 as targets.

Comment

The RSI is bullish and calls for further upside.

【GBPUSD】GBP/USD Intraday: further advance.

Our preference

Pivot level found at 1.3385

Long positions above 1.3385 with targets at 1.3435 & 1.3465 in extension.

Alternative scenario

Below 1.3385 look for further downside with 1.3350 & 1.3320 as targets.

Comment

The RSI advocates for further upside.

【BTCUSD】Bitcoin / USD intraday: the upside prevails as long as 110980 is support

Our preference 

Pivot level found at 110,980

The upside prevails as long as 110980 is support.

Alternative scenario

The downside breakout of 110980 would call for 109860 and 109190.

Comment

The RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 111151 and 110180).