AUDUSD, GOLD, WTI | 16 August 2019

AUDUSD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.69674-0.70354. At the moment, the pair 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 0.68039-0.68128. 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 08.08.2019.

Quotation of the higher boundary of the zone 1/4-0.67881.

Quotation of the higher boundary of the zone 1/2-0.67544.

Intraday objectives: update the highs from 08.08.2019–0.68224.

Medium-term objectives: test the lower bound of GWCZ - 0.68787.

Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from the range of favorable prices 0.67544-0.67881 in the formation of a reversal pattern.

Buy: 0.67544-0.67881, Take Profit 1 - 0.68224, Take Profit 2 - 0.68787.

GOLD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1499.07-1505.04. 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 1500.20-1503.69. Currently, the GOLD 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 07.08.2019.

Quotation of the higher boundary of the zone 1/4–1500.59.

Quotation of the higher boundary of the zone 1/2–1490.47.

Intraday objectives: update the highs from 07.08.2019–1510.67.

Medium-term objectives: test the lower bound of SWCZ–1520.33.

Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from the range of favorable prices 1490.47-1500.59 in the formation of a reversal pattern.

Buy: 1490.47-1500.59, Take Profit 1–1510.67, Take Profit 2–1520.33.

WTI

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 55.906-56.354. 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 52.334-52.510. 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 09.08.2019.

Quotation of the higher boundary of the zone 1/4–53.817.

Quotation of the higher boundary of the zone 1/2–52.912.

Intraday objectives: update the highs from 09.08.2019–54.735

Medium-term objectives: test the lower bound of GWCZ-55.954.

Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful buys from the range of favorable prices 52.912-53.817 in the formation of a reversal pattern.

Buy: 52.912-53.817, Take Profit 1-54.735, Take Profit 2-55.954

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)