GOLD, SILVER, WTI | 06 August 2021

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1827.24-1832.77. At the moment, the GOLD is trading lower, indicating the strength of sellers.

• 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. 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 15.07.2021.

• Quotation of the higher boundary of the zone 1/4–1813.51.

• Quotation of the higher boundary of the zone 1/2–1791.01.

• Intraday objectives: update the highs from 15.07.2021–1836.01.

• Medium-term objectives: test the lower bound of WCZ–1841.51.

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

• Buy: 1791.01-1813.51, Take Profit 1–1836.01, Take Profit 2–1841.51.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 26.075-26.241. 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 25.103-25.233. 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 27.07.2021.

• Quotation of the higher boundary of the zone 1/4–25.108.

• Quotation of the higher boundary of the zone 1/2–25.783.

• Intraday objectives: update the lows from 27.07.2021–24.433.

• Medium-term objectives: test the higher bound of SWCZ–23.438.

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

• Sell: 25.108-25.783, Take Profit 1–24.433, Take Profit 2–23.438.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 72.627-73.079. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 71.305-71.622. 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 30.07.2021.


• Quotation of the higher boundary of the zone 1/4–72.457.

• Quotation of the higher boundary of the zone 1/2–71.097.

• Intraday objectives: update the highs from 30.07.2021–73.817.

• Medium-term objectives: test the higher bound of SWCZ-75.497.

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

• Buy: 71.097-72.457, Take Profit 1-73.817, Take Profit 2-75.497.