GOLD, SILVER, WTI | 17 June 2022

• XAUUSD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1842.53-1849.62. At the moment, the GOLD 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 1844.49-1847.68. 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 13.06.2022.


• Quotation of the higher boundary of the zone 1/4–1861.85.


• Quotation of the higher boundary of the zone 1/2–1843.85.


• Intraday objectives: update the highs from 13.06.2022–1879.85.


• Medium-term objectives: test the lower bound of GWCZ–1897.35.GOLD, SILVER, WTI


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



• Buy: 1843.85–1861.85, Take Profit 1–1879.85, Take Profit 2–1897.35.




• XAGUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 21.695-21.874. Currently, the SILVER 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 21.802-21.876. At the moment, the SILVER 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 06.06.2022.


• Quotation of the higher boundary of the zone 1/4–22.128.


• Quotation of the higher boundary of the zone 1/2–21.703.


• Intraday objectives: update the highs from 06.06.2022–22.553.


• Medium-term objectives: test the lower bound of GWCZ–22.958.GOLD, SILVER, WTI


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



• Buy: 21.703–22.128, Take Profit 1–22.553, Take Profit 2–22.958.




• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 106.365-107.820. 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 115.699-116.325. 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 08.06.2022.


• Quotation of the higher boundary of the zone 1/4–118.660.


• Quotation of the higher boundary of the zone 1/2–116.580.


• Intraday objectives: update the highs from 08.06.2022–120.750.


• Medium-term objectives: test the higher bound of GWCZ-122.070.GOLD, SILVER, WTI


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



• Buy: 116.580-118.660, Take Profit 1-120.750, Take Profit 2-122.070.




 

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 .