GOLD, SILVER, WTI | 03 December 2021

• XAUUSD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1861.45-1865.46. At the moment, the GOLD is trading lower, indicating the weakness of buyers.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1823.79-1827.73. 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 16.11.2021.


• Quotation of the higher boundary of the zone 1/4–1859.41.


• Quotation of the higher boundary of the zone 1/2–1840.61.


• Intraday objectives: update the highs from 16.11.2021–1878.11.


• Medium-term objectives: test the lower bound of SWCZ–1907.21.GOLD, SILVER, WTI


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



• Buy: 1840.61–1859.41, Take Profit 1–1878.11, Take Profit 2–1907.21.




• XAGUSD


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 24.955-25.102. At the moment, the SILVER is trading lower, indicating the weakness of buyers.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 24.966-25.054. At the moment, the SILVER 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 12.11.2021.


• Quotation of the higher boundary of the zone 1/4–24.852.


• Quotation of the higher boundary of the zone 1/2–24.277.


• Intraday objectives: update the highs from 12.11.2021–25.427.


• Medium-term objectives: test the lower bound of GWCZ–26.432.GOLD, SILVER, WTI


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



• Buy: 24.277–24.852, Take Profit 1–25.427, Take Profit 2–26.432.




• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 81.427-82.818. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 79.955-80.299. 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 08.11.2021.


• Quotation of the higher boundary of the zone 1/4–80.293.


• Quotation of the higher boundary of the zone 1/2–79.013.


• Intraday objectives: update the highs from 08.11.2021–81.563.


• Medium-term objectives: test the higher bound of WCZ-82.443.GOLD, SILVER, WTI


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



• Buy: 79.013-80.293, Take Profit 1-81.563, Take Profit 2-82.443.




 

James Hoggarth
Analyst of FreshForex
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