GOLD, SILVER, WTI | 02 June 2023

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1940.00-1950.00. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1942.00-1946.00. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

• 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 26.05.2023.

• Quotation of the lower boundary of the zone 1/4–1957.63.

• Quotation of the lower boundary of the zone 1/2–1978.33.

• Intraday objectives: update the lows from 26.05.2023–1936.83.

• Medium-term objectives: test the lower bound of SWCZ–1918.33.

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

• Sell: 1957.63-1978.33, Take Profit 1–1936.83, Take Profit 2–1918.33.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 25.500-25.850. At the moment, the SILVER is trading lower, indicating the strength of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 23.700-23.800 and 23.000-23.100. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.

• 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 26.05.2023.

• Quotation of the lower boundary of the zone 1/4–23.134.

• Quotation of the lower boundary of the zone 1/2–23.609.

• Intraday objectives: update the lows from 26.05.2023–22.659.

• Medium-term objectives: test the higher bound of GWCZ–21.559.

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

• Sell: 23.134-23.609, Take Profit 1–22.659, Take Profit 2–21.559.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 71.600-72.400. Currently, the WTI 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 71.850-72.150. 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 24.05.2023.

• Quotation of the higher boundary of the zone 1/4–73.195.

• Quotation of the higher boundary of the zone 1/2–71.745.

• Intraday objectives: update the highs from 24.05.2023–74.645.

• Medium-term objectives: test the higher bound of WCZ-75.105.

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

• Buy: 71.745-73.195, Take Profit 1-74.645, Take Profit 2-75.105.