GOLD, SILVER, WTI | 01 January 2021

• GOLD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1831.30-1844.72. At the moment, the GOLD is trading higher, indicating the weakness of sellers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1835.60-1841.09. At the moment, the GOLD is trading higher, indicating the strength of buyers.

• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 21.12.2020.

• Quotation of the higher boundary of the zone 1/4–1882.69.

• Quotation of the higher boundary of the zone 1/2–1857.69.

• Intraday objectives: update the highs from 21.12.2020–1907.69.

• Medium-term objectives: test the lower bound of GWCZ–1912.89.

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

• Buy: 1857.69-1882.69, Take Profit 1–1907.69, Take Profit 2–1912.89.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.770-27.094. 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 26.597-26.612. 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 21.12.2020.

• Quotation of the higher boundary of the zone 1/4–25.622.

• Quotation of the higher boundary of the zone 1/2–26.322.

• Intraday objectives: update the lows from 21.12.2020–24.922.

• Medium-term objectives: test the higher bound of WCZ–24.637.

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

• Sell: 25.622-26.322, Take Profit 1–24.922, Take Profit 2–24.637.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 47.042-47.378. At the moment, the WTI is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 48.331-48.663. At the moment, the WTI is trading lower, indicating the weakness of buyers.

• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 18.12.2020.

• Quotation of the higher boundary of the zone 1/4–48.219.

• Quotation of the higher boundary of the zone 1/2–47.039.

• Intraday objectives: update the highs from 18.12.2020–49.409.

• Medium-term objectives: test the higher bound of SWCZ-50.329.

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

• Buy: 47.039-48.219, Take Profit 1-49.409, Take Profit 2-50.329.