Copper (CME)Copper (CME)
20241022 21:33
Copper (CME) (DEC4) intraday: the upside prevails as long as 4.3270 is support
Our pivot point stands at 4.3270.
Our preference: the upside prevails as long as 4.3270 is support.
Alternative scenario: below 4.3270, expect 4.3085 and 4.2900.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Copper (CME) (DEC4) is trading above both its 20 and 50 period moving average (respectively at 4.3870 and 4.3783).
Supports and resistances:
4.4660 **
4.4475 *
4.4165 **
4.4040
4.3900 last
4.3455
4.3270 **
4.3085 *
4.2900 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-22-2024 at 21:33 UTC+1
Price reference: 4.3900 last known on 10-22-2024 at 21:33 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf
GoldGold
20241022 17:52
Gold Intraday: further upside.
Pivot: 2728.00
Our preference: long positions above 2728.00 with targets at 2747.00 & 2757.00 in extension.
Alternative scenario: below 2728.00 look for further downside with 2720.00 & 2714.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
2765.00
2757.00
2747.00
2740.40 Last
2728.00
2720.00
2714.00
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-22-2024 at 17:52 UTC+1
Price reference: 2740.40 last known on 10-22-2024 at 17:52 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf
Brent (ICE)Brent (ICE)
20241022 17:58
Brent (ICE) (Z4) Intraday: further advance.
Pivot: 74.50
Our preference: long positions above 74.50 with targets at 76.90 & 77.60 in extension.
Alternative scenario: below 74.50 look for further downside with 73.50 & 72.50 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
78.30
77.60
76.90
75.88 Last
74.50
73.50
72.50
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-22-2024 at 17:58 UTC+1
Price reference: 75.88 last known on 10-22-2024 at 17:58 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf
SilverSilver
20241022 18:05
Silver Intraday: further advance.
Pivot: 33.95
Our preference: long positions above 33.95 with targets at 35.15 & 35.65 in extension.
Alternative scenario: below 33.95 look for further downside with 33.50 & 33.00 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
36.20
35.65
35.15
34.67 Last
33.95
33.50
33.00
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-22-2024 at 18:05 UTC+1
Price reference: 34.67 last known on 10-22-2024 at 18:05 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf
Crude Oil (WTI)Crude Oil (WTI)
20241022 18:08
Crude Oil (WTI) (Z4) Intraday: further upside.
Pivot: 70.60
Our preference: long positions above 70.60 with targets at 72.70 & 73.50 in extension.
Alternative scenario: below 70.60 look for further downside with 70.00 & 69.40 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
74.10
73.50
72.70
71.72 Last
70.60
70.00
69.40
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-22-2024 at 18:08 UTC+1
Price reference: 71.72 last known on 10-22-2024 at 18:08 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf
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Copper (CME)
21:33
alarm
The MACD is above its signal line and positive.
-
Gold
17:52
alarm
Long positions above 2728.00 with targets at 2747.00 & 2757.00 in extension.
-
Brent (ICE)
17:58
alarm
Long positions above 74.50 with targets at 76.90 & 77.60 in extension.
-
Silver
18:05
alarm
Long positions above 33.95 with targets at 35.15 & 35.65 in extension.
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Crude Oil (WTI)
18:08
alarm
Long positions above 70.60 with targets at 72.70 & 73.50 in extension.