AUDUSD, XAUUSD, WTI | 07 December 2018

AUDUSD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.72139-0.72451. At the moment, the pair is trading higher, indicating the strength of buyers.AUDUSD, XAUUSD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.72987-0.73187. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 29.11.2018. Quotation of the higher boundary of the zone 1/4-0.73125, quotation of the higher boundary of the zone 1/2-0.72810. Intraday objectives: update the highs from 29.11.2018 – 0.73443. Medium-term objectives: test the lower bound of GWCZ - 0.73859.AUDUSD, XAUUSD, WTI

Trading recommendations: Buys from a range of favorable prices 0.73125-0.72810 in the formation of a reversal pattern.


Buy: 0.73125-0.72810, Take Profit 1-0.73443, Take Profit 2-0.73859.


GOLD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1216.40-1217.94. At the moment, the GOLD is trading higher, indicating the strength of buyers.AUDUSD, XAUUSD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.72987-0.73187. At the moment, the pair is trading lower, indicating the weakness of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 21.11.2018. Quotation of the higher boundary of the zone 1/4-1221.48, quotation of the higher boundary of the zone 1/2-1213.00. Intraday objectives: update the highs from 21.11.2018 – 1230.24. Medium-term objectives: test the lower bound of GWCZ – 1247.23.AUDUSD, XAUUSD, WTI

Trading recommendations: Buys from a range of favorable prices 1213.00-1221.48 in the formation of a reversal pattern.


Buy: 1213.00-1221.48, Take Profit 1-1230.24, Take Profit 2-1247.23.




WTI

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located at the quote 51.314. At the moment, the WTI is trading lower, which indicates the strength of sellers.AUDUSD, XAUUSD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 51.185-51.479. At the moment, the WTI is trading lower, which indicates 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 29.11.2018. Quotation of the lower boundary of the zone 1/4-50.512, quotation of the lower boundary of the zone 1/2 -51.563. Intraday objectives: update the lows from 29.11.2018 – 49.503. Medium-term objectives: test the higher bound of GWCZ – 49.273.AUDUSD, XAUUSD, WTI

Trading recommendations: Sells from a range of favorable prices 50.512-51.563 in the formation of a reversal pattern.


Sell: 50.512-51.563, Take Profit 1-49.503, Take Profit 2-49.273.

 

James Hoggarth
Analyst of FreshForex
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