Ideally we should see a new high above 149.39, but there will be serious resistance near the 148 area.
Short term support at 145 should protect the downside, but only a break below 144.66 will indicate a failure breakout and indicate a decline towards 143.25 and more importantly 142.25
Gold - The rally from 1,702.44 has slightly bigger than first expected and the rally above 1,823 does indicate, that we could be looking at a flat correction, which would call for a move higher to at least the 1,854 - 1,866 area and possible even 1,911.09 before we will see the next leg lower. If we are looking at a flat correction support at 1,794 should not be broken. A break below here before a break above 1,838 will indicate that the next leg lower has already begun.
Crude Oil - Not much to add here. We are going side ways and could easily do that longer yet untill we meet the Pitchfork resistance-line. The main trend is down and a break below 83.11 will add pressure to the downside, while a break below 81.40 will confirm that the next leg lower towards the 72 area has begun.
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