GOLD, SILVER, WTI | 07 May 2021

• XAUUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1774.67-1782.76. At the moment, the GOLD 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 1775.18-1779.15. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

• 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 03.05.2021.

• Quotation of the higher boundary of the zone 1/4–1774.13.

• Quotation of the higher boundary of the zone 1/2–1749.13.

• Intraday objectives: update the highs from 03.05.2021–1799.13.

• Medium-term objectives: test the lower bound of GWCZ–1827.53.

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

• Buy: 1749.13-1774.13, Take Profit 1–1799.13, Take Profit 2–1827.53.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 25.790-26.069. At the moment, the SILVER 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 25.788-25.909. At the moment, the SILVER 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 03.05.2021.

• Quotation of the higher boundary of the zone 1/4–26.164.

• Quotation of the higher boundary of the zone 1/2–25.339.

• Intraday objectives: update the highs from 03.05.2021–26.989.

• Medium-term objectives: test the lower bound of GWCZ–28.609.

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

• Buy: 25.339-26.164, Take Profit 1–26.989, Take Profit 2–28.609.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 62.814-63.669. 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 62.200-62.402. At the moment, the WTI 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 29.04.2021.


• Quotation of the higher boundary of the zone 1/4–64.075.

• Quotation of the higher boundary of the zone 1/2–62.745.

• Intraday objectives: update the highs from 29.04.2021–65.395.

• Medium-term objectives: test the higher bound of WCZ-65.635.

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

• Buy: 62.745-64.075, Take Profit 1-65.395, Take Profit 2-65.635.