GOLD, SILVER, WTI | 26 February 2021

 • GOLD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1838.68-1847.37. At the moment, the GOLD is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1778.34-1781.50. At the moment, the pair 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 19.02.2021.


• Quotation of the lower boundary of the zone 1/4–1787.76.


• Quotation of the lower boundary of the zone 1/2–1815.26.


• Intraday objectives: update the lows from 19.02.2021–1760.26.


• Medium-term objectives: test the lower bound of GWCZ–1715.16.GOLD, SILVER, WTI


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



• Sell: 1787.76-1815.26, Take Profit 1–1760.26, Take Profit 2–1715.16.



• SILVER


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 26.729-27.211. At the moment, the SILVER is trading higher, indicating the strength of buyers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 26.677-26.838. At the moment, the SILVER 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 04.02.2021.


• Quotation of the higher boundary of the zone 1/4–26.674.


• Quotation of the higher boundary of the zone 1/2–27.499.


• Intraday objectives: update the lows from 04.02.2021–25.849.


• Medium-term objectives: test the higher bound of GWCZ–25.314.GOLD, SILVER, WTI


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



• Sell: 26.674-27.499, Take Profit 1–25.849, Take Profit 2–25.314.



• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 59.095-59.978. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 61.378-61.587. 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 19.02.2021.


• Quotation of the lower boundary of the zone 1/4–59.706.


• Quotation of the lower boundary of the zone 1/2–60.836.


• Intraday objectives: update the highs from 19.02.2021–58.576.


• Medium-term objectives: test the higher bound of WCZ-57.726.GOLD, SILVER, WTI


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



• Sell: 59.706-60.836, Take Profit 1-58.576, Take Profit 2-57.726.




• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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