GOLD, GAS, WTI | 22 November 2019

• GOLD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1508.55-1513.96. At the moment, the GOLD is trading lower, indicating the strength of sellers.GOLD, GAS, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1462.97-1466.05. At the moment, the GOLD 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 14.11.2019.


• Quotation of the higher boundary of the zone 1/4–1464.22.


• Quotation of the higher boundary of the zone 1/2–1452.92.


• Intraday objectives: update the highs from 14.11.2019–1475.42.


• Medium-term objectives: test the lower bound of WCZ–1491.12.GOLD, GAS, WTI


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


• Buy: 1452.92-1464.22, Take Profit 1–1475.42, Take Profit 2–1491.12.




• GAS


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 2.624-2.644. At the moment, the GAS is trading higher, indicating the strength of buyers.GOLD, GAS, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 2.714-2.735. At the moment, the pair 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 13.11.2019.


• Quotation of the lower boundary of the zone 1/4–2.699.


• Quotation of the lower boundary of the zone 1/2–2.761.


• Intraday objectives: update the lows from 13.11.2019–2.638.


• Medium-term objectives: test the higher bound of WCZ–2.606.GOLD, GAS, WTI


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


• Buy: 2.699-2.761, Take Profit 1–2.638, Take Profit 2–2.606.




• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 57.099-57.303. At the moment, the WTI is trading higher, indicating the strength of buyers.GOLD, GAS, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 57.063-57.313. 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 15.11.2019.


• Quotation of the higher boundary of the zone 1/4–57.032.


• Quotation of the higher boundary of the zone 1/2–56.032.


• Intraday objectives: update the highs from 15.11.2019–58.003.


• Medium-term objectives: test the lower bound of GWCZ-59.772.GOLD, GAS, WTI


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


• Buy: 56.032-57.032, Take Profit 1-58.003, Take Profit 2-59.772.


• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)


• TRADE FUEL WITHOUT SWAPS!

 

James Hoggarth
Analyst of FreshForex
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