Crude Oil intraday technical analysis - bullish above 98.70

The Crude Oil (Oct. 12 contract) remains bullish above 98.70 and seems to have found support at the intraday pivot at 98.70 (which is the same as friday's). Notice the nice legs on the H1 candlestick chart that almost reached and bounced of the 50% Fibonacci retracement (taken from the last spike low at 96.51 to the last spike high at 100.40). The market breached the pivot but failed to close below it on four different candles which strenghtens my bullish view in the near-to-medium term.
If it wasn't so early in the day I would personally go long now but mondays are usually hard to trade due to lack of liquidity and indecision of direction so I'll be staying aside until the late US session even though I may miss this great opportunity to go long at 98.91 where the price currently resides.

Gold intraday technical analysis - short term trend remains up and the momentum is strong

After the FED and Ben Bernanke announced the highly anticipated QE3 yesterday, the gold, as an inflation hedge and an alternative to the US dollar, has only one direction to go in the short and medium term and it is north.
The short term trend remains up and the momentum is strong so I'm bullish and looking for a small pullback towards 1760 and 1745, then sharply up to the psychological barrier 1800 which should act as an intraday resistance. 1745 is an important pivotal point for today which is ex-resistance that now should act as support.
My strategy for today will be to go long as close as possible to 1745 with 1800 as take profit target.