GOLD, SILVER, WTI | 16 July 2021

• XAUUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1773.36-1779.23. 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 1804.10-1807.58. 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 08.07.2021.

• Quotation of the higher boundary of the zone 1/4–1796.86.

• Quotation of the higher boundary of the zone 1/2–1774.36.

• Intraday objectives: update the highs from 08.07.2021–1819.36.

• Medium-term objectives: test the lower bound of WCZ–1839.96.

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

• Buy: 1774.36-1796.86, Take Profit 1–1819.36, Take Profit 2–1839.96.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 25.965-26.177. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 26.068-26.196. 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 29.06.2021.

• Quotation of the higher boundary of the zone 1/4–26.154.

• Quotation of the higher boundary of the zone 1/2–26.829.

• Intraday objectives: update the lows from 29.06.2021–25.479.

• Medium-term objectives: test the higher bound of GWCZ–24.769.

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

• Sell: 26.154-26.829, Take Profit 1–25.479, Take Profit 2–24.769.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 72.739-73.050. 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 73.826-74.099. Currently, the WTI 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 12.07.2021.


• Quotation of the higher boundary of the zone 1/4–72.928.

• Quotation of the higher boundary of the zone 1/2–71.598.

• Intraday objectives: update the highs from 12.07.2021–74.248.

• Medium-term objectives: test the higher bound of WCZ-75.498.

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

• Buy: 71.598-72.928, Take Profit 1-74.248, Take Profit 2-75.498.