GOLD, SILVER, WTI | 20 November 2020

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1944.20-1954.60. At the moment, the GOLD is trading lower, indicating the strength of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1871.70-1878.96. At the moment, the GOLD is trading higher, indicating the weakness of sellers.

• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 09.11.2020.

• Quotation of the lower boundary of the zone 1/4–1878.01.

• Quotation of the lower boundary of the zone 1/2–1906.71.

• Intraday objectives: update the lows from 09.11.2020–1849.21.

• Medium-term objectives: test the lower bound of GWCZ–1794.81.

• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.

• Sell: 1878.01-1906.71, Take Profit 1–1849.21, Take Profit 2–1794.81.

• SILVER

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 24.100-24.400. At the moment, the SILVER is trading higher, indicating the strength of buyers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 25.622-25.773. At the moment, the SILVER is trading lower, indicating the strength of sellers.

• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 09.11.2020.

• Quotation of the higher boundary of the zone 1/4–24.355.

• Quotation of the higher boundary of the zone 1/2–25.205.

• Intraday objectives: update the lows from 09.11.2020–23.505.

• Medium-term objectives: test the higher bound of WCZ–22.640.

• Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.

• Sell: 24.355-25.205, Take Profit 1–23.505, Take Profit 2–22.640.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 40.334-40.692. At the moment, the WTI is trading higher, indicating the strength of buyers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 40.332-40.669. At the moment, the WTI is trading lower, indicating the strength of sellers.

• The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 13.11.2020.

• Quotation of the lower boundary of the zone 1/4–41.464.

• Quotation of the lower boundary of the zone 1/2–42.654.

• Intraday objectives: update the highs from 13.11.2020–40.274.

• Medium-term objectives: test the higher bound of WCZ-38.524.

• Trading recommendations: sells from the range of favorable in the formation of a reversal pattern.

• Sell: 41.464-42.654, Take Profit 1-40.274, Take Profit 2-38.524.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)