Pivot (invalidation): 5.3280 Our preference Long positions above 5.3280 with targets at 5.3500 & 5.3640 in extension. Alternative scenario Below 5.3280 look for further downside with 5.3175 & 5.3080 as targets...
Pivot (invalidation): 0.7120 Our preference Short positions below 0.7120 with targets at 0.7065 & 0.7050 in extension. Alternative scenario Above 0.7120 look for further upside with 0.7145 & 0.7165 as targets...
Pivot (invalidation): 1.3135 Our preference Long positions above 1.3135 with targets at 1.3205 & 1.3235 in extension. Alternative scenario Below 1.3135 look for further downside with 1.3115 & 1.3095 as targets...
Pivot (invalidation): 0.9965 Our preference Long positions above 0.9965 with targets at 0.9995 & 1.0015 in extension. Alternative scenario Below 0.9965 look for further downside with 0.9945 & 0.9920 as targets...
Pivot (invalidation): 111.25 Our preference Long positions above 111.25 with targets at 112.00 & 112.25 in extension. Alternative scenario Below 111.25 look for further downside with 111.05 & 110.80 as targets...
Pivot (invalidation): 1.3290 Our preference Short positions below 1.3290 with targets at 1.3230 & 1.3190 in extension. Alternative scenario Above 1.3290 look for further upside with 1.3320 & 1.3350 as targets...
Pivot (invalidation): 1.1395 Our preference Short positions below 1.1395 with targets at 1.1355 & 1.1335 in extension. Alternative scenario Above 1.1395 look for further upside with 1.1420 & 1.1440 as targets...
GOLD remains vulnerable with eyes key support at 1,302.00 zone. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level...
2018 showed a real GDP gain of 2.5%, a level not seen since 2010’s 3% and despite a slight decline in Q3. Still, the outlook for the coming months is less rosy. A downturn that started in the second half of 2018 is continuing...
Pivot (invalidation): 56.30 Our preference Long positions above 56.30 with targets at 57.40 & 57.80 in extension. Alternative scenario Below 56.30 look for further downside with 56.05 & 55.70 as targets...
Pivot (invalidation): 15.8200 Our preference Short positions below 15.8200 with targets at 15.6700 & 15.5700 in extension. Alternative scenario Above 15.8200 look for further upside with 15.8900 & 15.9400 as targets...
Pivot (invalidation): 1322.50 Our preference Short positions below 1322.50 with targets at 1316.00 & 1314.00 in extension. Alternative scenario Above 1322.50 look for further upside with 1325.50 & 1329.00 as targets...
Pivot (invalidation): 2775.00 Our preference Long positions above 2775.00 with targets at 2814.00 & 2831.00 in extension. Alternative scenario Below 2775.00 look for further downside with 2758.00 & 2730.00 as targets...
Pivot (invalidation): 11557.00 Our preference Short positions below 11557.00 with targets at 11440.00 & 11380.00 in extension. Alternative scenario Above 11557.00 look for further upside with 11591.00 & 11640.00 as targets...
Pivot (invalidation): 5.3050 Our preference Long positions above 5.3050 with targets at 5.3300 & 5.3410 in extension. Alternative scenario Below 5.3050 look for further downside with 5.2970 & 5.2860 as targets...
Pivot (invalidation): 0.7165 Our preference Short positions below 0.7165 with targets at 0.7125 & 0.7100 in extension. Alternative scenario Above 0.7165 look for further upside with 0.7180 & 0.7200 as targets...
Pivot (invalidation): 1.3165 Our preference Short positions below 1.3165 with targets at 1.3125 & 1.3110 in extension. Alternative scenario Above 1.3165 look for further upside with 1.3190 & 1.3210 as targets...
Pivot (invalidation): 1.0015 Our preference Short positions below 1.0015 with targets at 0.9975 & 0.9955 in extension. Alternative scenario Above 1.0015 look for further upside with 1.0030 & 1.0045 as targets...
Pivot (invalidation): 110.70 Our preference Long positions above 110.70 with targets at 111.05 & 111.20 in extension. Alternative scenario Below 110.70 look for further downside with 110.50 & 110.30 as targets...
