GOLD, SILVER, WTI | 20 May 2022

• XAUUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1926.66-1936.43. At the moment, the GOLD is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1820.62-1826.56. At the moment, the GOLD 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 13.05.2022.


• Quotation of the lower boundary of the zone 1/4–1814.93.


• Quotation of the lower boundary of the zone 1/2–1832.93.


• Intraday objectives: update the lows from 13.05.2022–1796.93.


• Medium-term objectives: test the lower bound of SWCZ–1786.73.GOLD, SILVER, WTI


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



• Sell: 1814.93-1832.93, Take Profit 1–1796.93, Take Profit 2–1786.73.




• XAGUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.316-22.479. At the moment, the SILVER is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 22.296-22.414. 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 13.05.2022.


• Quotation of the lower boundary of the zone 1/4–20.860.


• Quotation of the lower boundary of the zone 1/2–21.285.


• Intraday objectives: update the lows from 13.05.2022–20.435.


• Medium-term objectives: test the higher bound of SWCZ–19.790.GOLD, SILVER, WTI


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



• Sell: 20.860-21.285, Take Profit 1–20.435, Take Profit 2–19.790.




• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 100.984-102.298. At the moment, the WTI is trading higher, indicating the strength 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 107.488-108.104At 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 16.05.2022.


• Quotation of the higher boundary of the zone 1/4–107.611.


• Quotation of the higher boundary of the zone 1/2–105.431.


• Intraday objectives: update the highs from 16.05.2022–109.801.


• Medium-term objectives: test the higher bound of SWCZ-113.791.GOLD, SILVER, WTI


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



• Buy: 105.431-107.611, Take Profit 1-109.801, Take Profit 2-113.791.




 

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:

Close
Login
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .