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.

Copper (CME)Copper (CME)

20240611 21:40

media
Copper (CME) (JUL4) intraday: the upside prevails as long as 4.4560 is support

Our pivot point stands at 4.4560.

Our preference: the upside prevails as long as 4.4560 is support.

Alternative scenario: below 4.4560, expect 4.4370 and 4.4180.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Copper (CME) (JUL4) is above its 20 and 50 period moving average (respectively at 4.4852 and 4.5109).

Supports and resistances:

4.5930 **

4.5740 *

4.5420 **

4.5295

4.5140 last

4.4750

4.4560 **

4.4370 *

4.4180 **

GoldGold

20240611 22:25

media
Gold Intraday: intraday support around 2300.00.

Pivot: 2300.00

Our preference: long positions above 2300.00 with targets at 2325.00 & 2339.00 in extension.

Alternative scenario: below 2300.00 look for further downside with 2288.00 & 2277.00 as targets.

Comment: the next resistances are at 2325.00 and then at 2339.00.

Supports and resistances:

2352.00

2339.00

2325.00

2316.10 Last

2300.00

2288.00

2277.00

Crude Oil (WTI)Crude Oil (WTI)

20240611 22:26

media
Crude Oil (WTI) (N4) Intraday: choppy.

Pivot: 77.35

Our preference: long positions above 77.35 with targets at 78.60 & 79.10 in extension.

Alternative scenario: below 77.35 look for further downside with 76.95 & 76.45 as targets.

Comment: the RSI is around its neutrality area at 50%

Supports and resistances:

79.70

79.10

78.60

77.83 Last

77.35

76.95

76.45

Crude Oil (WTI)Crude Oil (WTI)

20240610 17:50

media
Crude Oil (WTI) (N4) Intraday: intraday support around 76.35.

Pivot: 76.35

Our preference: long positions above 76.35 with targets at 78.00 & 78.60 in extension.

Alternative scenario: below 76.35 look for further downside with 75.80 & 75.25 as targets.

Comment: the break above 76.35 is a positive signal that has opened a path to 78.00.

Supports and resistances:

79.00

78.60

78.00

77.26 Last

76.35

75.80

75.25

GoldGold

20240610 17:51

media
Gold Intraday: key resistance at 2311.00.

Pivot: 2311.00

Our preference: short positions below 2311.00 with targets at 2288.00 & 2277.00 in extension.

Alternative scenario: above 2311.00 look for further upside with 2325.00 & 2339.00 as targets.

Comment: the upward potential is likely to be limited by the resistance at 2311.00.

Supports and resistances:

2339.00

2325.00

2311.00

2303.70 Last

2288.00

2277.00

2265.00

WARNING and please be advised:

It has come to our attention that a number of unauthorised firms /individuals have cloned our website content, logo and social media pages of CWG Markets Limited. Please be advised that these unauthorised firms have also been contacting consumers via various messaging apps such as WhatsApp, Facebook, Weechat.

It should be noted that there is no connection whatsoever between the CWG Markets Limited, an authorised firm, and the unauthorised entities/ individuals that have cloned our details. Consumers are advised to check the Financial Conduct Authority (‘FCA’) register to verify our firm’s details. Please only contact CWG Markets Limited, using the contact details from the FCA register or the contact details listed on this website. If you’ve been scammed or contacted by an unauthorised firm / individuals – or a firm you suspect is not legitimate – you can report to us support@cwgmarkets.co.uk and also the FCA by contacting their Consumer Helpline /Email

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. Before trading any products supplied by CWG (including subsidiaries and affiliates), you should consider your financial condition, level of experience and risk appetite carefully. You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of CWG or any of its affiliates, directors, officers or employees. Please read and understand the terms and conditions on CWG website before taking any further action.

MT5MT5