GOLD, SILVER, WTI | 21 July 2023

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1950.00-1965.00. 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 1922.00-1926.00. At the moment, the GOLD 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 13.07.2023.

• Quotation of the higher boundary of the zone 1/4–1943.64.

• Quotation of the higher boundary of the zone 1/2–1922.84.

• Intraday objectives: update the highs from 13.07.2023–1964.34.

• Medium-term objectives: test the lower bound of WCZ–1979.44.

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

• Buy: 1922.84–1943.64, Take Profit 1–1964.34, Take Profit 2–1979.44.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.650-22.800. 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 22.680-22.780. 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 14.07.2023.

• Quotation of the higher boundary of the zone 1/4–24.604.

• Quotation of the higher boundary of the zone 1/2–24.179.

• Intraday objectives: update the highs from 14.07.2023–25.029.

• Medium-term objectives: test the lower bound of SWCZ–25.514.

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

• Buy: 24.179–24.604, Take Profit 1–25.029, Take Profit 2–25.514.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 69.000-69.900. At the moment, the WTI 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 75.300-75.700. At the moment, the WTI 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 13.07.2023.

• Quotation of the higher boundary of the zone 1/4–75.759.

• Quotation of the higher boundary of the zone 1/2–74.309.

• Intraday objectives: update the highs from 13.07.2023–77.209.

• Medium-term objectives: test the higher bound of SWCZ-78.529.

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

• Buy: 74.309-75.759, Take Profit 1-77.209, Take Profit 2-78.529.