GOLD, SILVER, WTI | 19 August 2022

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1784.67-1793.98. Currently, the GOLD 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 1770.30-1775.23 and 1787.22-1790.49. 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 10.08.2022.

• Quotation of the higher boundary of the zone 1/4–1792.68.

• Quotation of the higher boundary of the zone 1/2–1776.38.

• Intraday objectives: update the highs from 10.08.2022–1808.88.

• Medium-term objectives: test the lower bound of GWCZ–1842.88.

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

• Buy: 1776.38–1792.68, Take Profit 1–1808.88, Take Profit 2–1842.88.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 20.620-20.873. Currently, the SILVER 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 20.665-20.759. 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 15.08.2022.

• Quotation of the higher boundary of the zone 1/4–20.537.

• Quotation of the higher boundary of the zone 1/2–20.162.

• Intraday objectives: update the highs from 15.08.2022–20.912.

• Medium-term objectives: test the lower bound of WCZ–21.067.

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

• Buy: 20.162–20.537, Take Profit 1–20.912, Take Profit 2–21.067.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 92.579-94.035. 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 92.353-93.200. 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 11.08.2022.

• Quotation of the higher boundary of the zone 1/4–92.080.

• Quotation of the higher boundary of the zone 1/2–89.930.

• Intraday objectives: update the highs from 11.08.2022–94.230.

• Medium-term objectives: test the higher bound of GWCZ-99.020.

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

• Buy: 89.930-92.080, Take Profit 1-94.230, Take Profit 2-99.020.