GOLD, GAS, WTI | 03 January 2020

• GOLD


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1476.11-1477.41. At the moment, the GOLD 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 1474.59-1477.88. 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 27.12.2019.


• Quotation of the higher boundary of the zone 1/4–1505.40.


• Quotation of the higher boundary of the zone 1/2–1494.10.


• Intraday objectives: update the highs from 27.12.2019–1515.22.


• Medium-term objectives: test the higher bound of GWCZ–1527.20.GOLD, GAS, WTI


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


• Buy: 1494.10-1505.40, Take Profit 1–1515.22, Take Profit 2–1527.20




• GAS


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 2.180-2.258. Currently, the GAS is trading within the specified range, indicating a temporary uncertainty.GOLD, GAS, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 2.244-2.259. At the moment, the GAS 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 27.12.2019.


• Quotation of the lower boundary of the zone 1/4–2.214.


• Quotation of the lower boundary of the zone 1/2–2.276.


• Intraday objectives: update the lows from 27.12.2019–2.153.


• Medium-term objectives: test the higher bound of WCZ–2.092.GOLD, GAS, WTI


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


• Sell: 2.214-2.276, Take Profit 1–2.153, Take Profit 2–2.092.




• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 60.582-60.889. 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 60.626-60.852. 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 27.12.2019.


• Quotation of the higher boundary of the zone 1/4–60.968.


• Quotation of the higher boundary of the zone 1/2–59.444.


• Intraday objectives: update the highs from 27.12.2019–61.825.


• Medium-term objectives: test the lower bound of SWCZ-62.378.GOLD, GAS, WTI


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


• Buy: 59.968-60.898, Take Profit 1-61.825, Take Profit 2-62.378.


• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)


• Download a profitable trading strategy for free. Send a request to school@freshforex.com. In the email specify your number of trading account.

 

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:


Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus