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Crude Oil (WTI)Crude Oil (WTI)
20250204 06:58
Crude Oil (WTI) (H5) Intraday: under pressure.
Pivot: 72.80
Our preference: short positions below 72.80 with targets at 71.30 & 70.45 in extension.
Alternative scenario: above 72.80 look for further upside with 73.50 & 74.55 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
74.55
73.50
72.80
72.04 Last
71.30
70.45
69.60
Brent (ICE)Brent (ICE)
20250204 06:59
Brent (ICE) (J5) Intraday: under pressure.
Pivot: 75.85
Our preference: short positions below 75.85 with targets at 75.00 & 74.40 in extension.
Alternative scenario: above 75.85 look for further upside with 76.15 & 76.60 as targets.
Comment: a break below 75.00 would trigger a drop towards 74.40.
Supports and resistances:
76.60
76.15
75.85
75.25 Last
75.00
74.40
73.80
GoldGold
20250204 07:01
Gold Intraday: the bias remains bullish.
Pivot: 2802.00
Our preference: long positions above 2802.00 with targets at 2831.00 & 2845.00 in extension.
Alternative scenario: below 2802.00 look for further downside with 2790.00 & 2771.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
2860.00
2845.00
2831.00
2815.29 Last
2802.00
2790.00
2771.00
Gold (CME)Gold (CME)
20250204 07:04
Gold (CME) Intraday: bullish bias above 2832.00.
Pivot: 2832.00
Our preference: long positions above 2832.00 with targets at 2871.00 & 2885.00 in extension.
Alternative scenario: below 2832.00 look for further downside with 2816.00 & 2802.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
2900.00
2885.00
2871.00
2847.80 Last
2832.00
2816.00
2802.00
SilverSilver
20250204 07:05
Silver Intraday: intraday support around 31.20.
Pivot: 31.20
Our preference: long positions above 31.20 with targets at 31.73 & 31.90 in extension.
Alternative scenario: below 31.20 look for further downside with 31.00 & 30.75 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
32.15
31.90
31.73
31.43 Last
31.20
31.00
30.75
-
Crude Oil (WTI)
06:58
alarm
Short positions below 72.80 with targets at 71.30 & 70.45 in extension.
-
Brent (ICE)
06:59
alarm
Short positions below 75.85 with targets at 75.00 & 74.40 in extension.
-
Gold
07:01
alarm
Long positions above 2802.00 with targets at 2831.00 & 2845.00 in extension.
-
Gold (CME)
07:04
alarm
Long positions above 2832.00 with targets at 2871.00 & 2885.00 in extension.
-
Silver
07:05
alarm
Long positions above 31.20 with targets at 31.73 & 31.90 in extension.
