GOLD, SILVER, WTI | 04 December 2020

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1802.23-1814.15. 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 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 30.11.2020.

• Quotation of the lower boundary of the zone 1/4–1793.62.

• Quotation of the lower boundary of the zone 1/2–1822.32.

• Intraday objectives: update the lows from 30.11.2020–1764.82.

• Medium-term objectives: test the lower bound of SWCZ–1740.92.

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

• Sell: 1793.62-1822.32, Take Profit 1–1764.82, Take Profit 2–1740.92.

• SILVER

• Long-term trend: temporary uncertainty. 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 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 25.622-25.773. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.

• 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 30.11.2020.

• Quotation of the higher boundary of the zone 1/4–22.738.

• Quotation of the higher boundary of the zone 1/2–23.488.

• Intraday objectives: update the lows from 30.11.2020–21.988.

• Medium-term objectives: test the higher bound of GWCZ–21.613.

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

• Sell: 22.738-23.488, Take Profit 1–21.988, Take Profit 2–21.613.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 41.636-41.930. 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 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 13.11.2020.

• Quotation of the lower boundary of the zone 1/4–41.519.

• Quotation of the lower boundary of the zone 1/2–42.709.

• Intraday objectives: update the highs from 13.11.2020–40.329.

• Medium-term objectives: test the higher bound of WCZ-38.579.

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

• Sell: 41.519-42.709, Take Profit 1-40.329, Take Profit 2-38.579.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)