Drive confident decisions with simple, actionable trading plans.

Drive confident decisions with simple, actionable trading plans.

CWG and Trading Central launched The Analyst Views is the world’s only financial market research solution offering the unique and invaluable combination of senior analyst expertise and automated algorithms. Our proprietary pattern recognition is constantly monitoring the market to offer you trading plans based on award-winning methodologies.

GoldGold

20240711 22:07

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Gold Intraday: the bias remains bullish.

Pivot: 2392.00

Our preference: long positions above 2392.00 with targets at 2445.00 & 2460.00 in extension.

Alternative scenario: below 2392.00 look for further downside with 2370.00 & 2353.00 as targets.

Comment: the next resistances are at 2445.00 and then at 2460.00.

Supports and resistances:

2478.00

2460.00

2445.00

2413.48 Last

2392.00

2370.00

2353.00

Crude Oil (WTI)Crude Oil (WTI)

20240711 22:10

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Crude Oil (WTI) (Q4) Intraday: further advance.

Pivot: 82.35

Our preference: long positions above 82.35 with targets at 83.45 & 83.95 in extension.

Alternative scenario: below 82.35 look for further downside with 81.85 & 81.25 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

84.35

83.95

83.45

83.08 Last

82.35

81.85

81.25

Copper (CME)Copper (CME)

20240711 22:39

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Copper (CME) (SEP4) intraday: the downside prevails as long as 4.5350 is resistance

Our pivot point stands at 4.5350.

Our preference: the downside prevails as long as 4.5350 is resistance.

Alternative scenario: the upside breakout of 4.5350, would call for 4.5670 and 4.5860.

Comment: the RSI is below 30. It could either mean that prices are in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Copper (CME) (SEP4) stands below its 20 and 50 period moving average (respectively at 4.5329 and 4.5718).

Supports and resistances:

4.5860 **

4.5670 *

4.5350 **

4.5225

4.5075 last

4.4670

4.4480 **

4.4290 *

4.4100 **

Copper (CME)Copper (CME)

20240712 01:10

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Copper (CME) (SEP4) intraday: short term rebound towards 4.5495

Our pivot point stands at 4.4625.

Our preference: short term rebound towards 4.5495.

Alternative scenario: below 4.4625, expect 4.4435 and 4.4245.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Copper (CME) (SEP4) is trading under both its 20 and 50 period moving average (respectively at 4.5251 and 4.5676).

Supports and resistances:

4.6005 **

4.5815 *

4.5495 **

4.5370

4.5205 last

4.4815

4.4625 **

4.4435 *

4.4245 **

GoldGold

20240712 01:14

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Gold Intraday: the upside prevails.

Pivot: 2395.00

Our preference: long positions above 2395.00 with targets at 2424.00 & 2438.00 in extension.

Alternative scenario: below 2395.00 look for further downside with 2379.00 & 2366.00 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:

2450.00

2438.00

2424.00

2412.39 Last

2395.00

2379.00

2366.00

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