AUDUSD, GOLD, WTI | 12 July 2019

AUDUSD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.69617-0.69786. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.AUDUSD, GOLD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.69887-0.69961. At the moment, the pair 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 04.07.2019.

Quotation of the higher boundary of the zone 1/4-0.70138.

Quotation of the higher boundary of the zone 1/2-0.69801.

Intraday objectives: update the highs from 04.07.2019–0.70476.

Medium-term objectives: test the lower bound of SWCZ -0.71017.AUDUSD, GOLD, WTI

Trading recommendations: buys from the range of favorable prices 0.69801-0.70138 in the formation of a reversal pattern.


Buy: 0.69801-0.70138, Take Profit 1 - 0.70476, Take Profit 2 - 0.71017.


GOLD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1334.45-1344.15 and 1405.05-1411.40. At the moment, the GOLD iis trading within the specified range, indicating a temporary uncertainty.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1397.84-1399.92 and 1414.44-1419.50. 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 05.07.2019.

Quotation of the lower boundary of the zone 1/4–1396.72.

Quotation of the lower boundary of the zone 1/2–1406.75.

Intraday objectives: update the lows from 05.07.2019–1386.57.

Medium-term objectives: test the higher bound of GWCZ–1377.94.AUDUSD, GOLD, WTI

Trading recommendations: sells from a range of favorable prices 1396.72-1406.75 in the formation of a reversal pattern.


Sell: 1396.72-1406.75, Take Profit 1–1386.57, Take Profit 2–1377.94.




WTI


Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 56.868-59.522. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 56.828-57.325. At the moment, the WTI is trading higher, indicating the weakness 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 03.07.2019.

Quotation of the lower boundary of the zone 1/4–56.998.

Quotation of the lower boundary of the zone 1/2–57.930.

Intraday objectives: update the lows from 03.07.2019–60.037.

Medium-term objectives: test the higher bound of GWCZ-61.811.AUDUSD, GOLD, WTI

Trading recommendations: very careful sells from the range of favorable prices 56.998-57.930 in the formation of a reversal pattern.


Sell: 56.998-57.930, Take Profit 1-56.105, Take Profit 2-54.824.


WCZ (weekly control zone)


GWCZ (golden weekly control zone)


SWCZ (silver weekly control zone) 

James Hoggarth
Analyst of FreshForex
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