GOLD, SILVER, WTI | 20 August 2021

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1805.15-1814.56. 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 1727.30-1734.30. 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 16.08.2021.

• Quotation of the higher boundary of the zone 1/4–1760.28.

• Quotation of the higher boundary of the zone 1/2–1737.78.

• Intraday objectives: update the highs from 16.08.2021–1782.78.

• Medium-term objectives: test the lower bound of GWCZ–1811.28.

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

• Buy: 1737.78-1760.28, Take Profit 1–1782.78, Take Profit 2–1811.28.

• 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 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 09.08.2021.

• Quotation of the higher boundary of the zone 1/4–22.982.

• Quotation of the higher boundary of the zone 1/2–23.657.

• Intraday objectives: update the lows from 09.08.2021–22.307.

• Medium-term objectives: test the higher bound of SWCZ–20.832.

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

• Sell: 22.982-23.657, Take Profit 1–22.307, Take Profit 2–20.832.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 68.602-69.046. At the moment, the WTI 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 68.808-69.146. 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 12.08.2021.


• Quotation of the higher boundary of the zone 1/4–68.009.

• Quotation of the higher boundary of the zone 1/2–66.649.

• Intraday objectives: update the highs from 12.08.2021–69.369.

• Medium-term objectives: test the higher bound of WCZ-70.349.

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

• Buy: 66.649-68.009, Take Profit 1-69.369, Take Profit 2-70.349.