【Gold】Gold Intraday: further advance.
Our preference
Pivot level found at 3,960.00
Long positions above 3960.00 with targets at 4000.00 & 4030.00 in extension.
Alternative scenario
Below 3960.00 look for further downside with 3940.00 & 3920.00 as targets.
Comment
The RSI advocates for further upside.
【WTI】Crude Oil (WTI) (X5) Intraday: aim @ 62.80.
Our preference
Pivot level found at 61.60
Long positions above 61.60 with targets at 62.40 & 62.80 in extension.
Alternative scenario
Below 61.60 look for further downside with 61.20 & 60.70 as targets.
Comment
The RSI advocates for further advance.
【EURUSD】EUR/USD Intraday: the downside prevails.
Our preference
Pivot level found at 1.1670
Short positions below 1.1670 with targets at 1.1605 & 1.1575 in extension.
Alternative scenario
Above 1.1670 look for further upside with 1.1695 & 1.1720 as targets.
Comment
The RSI has broken down its 30 level.
【GBPUSD】GBP/USD Intraday: under pressure.
Our preference
Pivot level found at 1.3440
Short positions below 1.3440 with targets at 1.3370 & 1.3340 in extension.
Alternative scenario
Above 1.3440 look for further upside with 1.3465 & 1.3490 as targets.
Comment
The RSI is bearish and calls for further decline.
【BTCUSD】Bitcoin / USD intraday: rebound towards 124410
Our preference
Pivot level found at 120,940
Rebound towards 124410.
Alternative scenario
The downside breakout of 120940 would call for 119600 and 118800.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (121722) but below its 50 period moving average (123079).
