GOLD, SILVER, WTI | 18 November 2022

• XAUUSD


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1655.45-1678.53. 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 1672.92-1675.85, 1710.65-.1713.45 and 1750.06-1752.86. 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 11.11.2022.


• Quotation of the higher boundary of the zone 1/4–1758.49.


• Quotation of the higher boundary of the zone 1/2–1744.19.


• Intraday objectives: update the highs from 11.11.2022–1772.69.


• Medium-term objectives: test the lower bound of SWCZ–1786.39.GOLD, SILVER, WTI


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



• Buy: 1744.19–1758.49, Take Profit 1–1772.69, Take Profit 2–1786.39.




• XAGUSD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 19.354-19.710. At the moment, the SILVER 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 18.985-19.093, 19.323-19.431 and 21.227-21.335. 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 11.11.2022.


• Quotation of the higher boundary of the zone 1/4–21.623.


• Quotation of the higher boundary of the zone 1/2–21.198.


• Intraday objectives: update the highs from 11.11.2022–22.048.


• Medium-term objectives: test the lower bound of SWCZ–22.998.GOLD, SILVER, WTI


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



• Buy: 21.198–21.623, Take Profit 1–22.048, Take Profit 2–22.998.




• WTI


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 87.060-88.633. 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 85.807-86.178. 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 11.11.2022.


• Quotation of the higher boundary of the zone 1/4–87.171.


• Quotation of the higher boundary of the zone 1/2–85.291.


• Intraday objectives: update the highs from 11.11.2022–89.041.


• Medium-term objectives: test the higher bound of WCZ-91.241.GOLD, SILVER, WTI


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



• Buy: 85.291-87.171, Take Profit 1-89.041, Take Profit 2-91.241.




 

James Hoggarth
Analyst of FreshForex
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