GOLD, SILVER, WTI | 12 May 2023

• XAUUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1985.00-1995.00. At the moment, the GOLD is trading higher, indicating the strength of buyers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 2049.00-2052.00. 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 05.05.2023.

• Quotation of the lower boundary of the zone 1/4–2019.36.

• Quotation of the lower boundary of the zone 1/2–2040.06.

• Intraday objectives: update the lows from 05.05.2023–1998.56.

• Medium-term objectives: test the lower bound of WCZ–1993.96.

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

• Sell: 2019.36-2040.06, Take Profit 1–1998.56, Take Profit 2–1993.96.

• XAGUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 24.900-25.100. At the moment, the SILVER is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 24.900-25.000 and 25.300-25.400. 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 05.05.2023.

• Quotation of the higher boundary of the zone 1/4–25.708.

• Quotation of the higher boundary of the zone 1/2–25.233.

• Intraday objectives: update the highs from 05.05.2023–26.183.

• Medium-term objectives: test the lower bound of WCZ–26.383.

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

• Buy: 25.233–25.708, Take Profit 1–26.183, Take Profit 2–26.383.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 77.150-78.150. 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 68.000-68.500 and 71.000-71.500. 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 08.05.2023.

• Quotation of the higher boundary of the zone 1/4–70.467.

• Quotation of the higher boundary of the zone 1/2–69.017.

• Intraday objectives: update the highs from 08.05.2023–71.917.

• Medium-term objectives: test the higher bound of GWCZ-72.357.

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

• Buy: 69.017-70.467, Take Profit 1-71.917, Take Profit 2-72.357.