GOLD, SILVER, WTI | 14 February 2020

• GOLD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1576.55-1584.86. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1576.36-1578.78. 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 05.02.2020.


• Quotation of the higher boundary of the zone 1/4–1560.04.


• Quotation of the higher boundary of the zone 1/2–1572.54.


• Intraday objectives: update the lows from 05.02.2020–1547.54.


• Medium-term objectives: test the higher bound of WCZ–1544.94.GOLD, SILVER, WTI


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


• Sell: 1560.04-1572.54, Take Profit 1–1547.54, Take Profit 2–1544.94.




• SILVER


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.915-18.030. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 17.426-17.479. At the moment, the SILVER 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 03.02.2020.


• Quotation of the higher boundary of the zone 1/4–17.856.


• Quotation of the higher boundary of the zone 1/2–17.581.


• Intraday objectives: update the highs from 03.02.2020–18.131.


• Medium-term objectives: test the lower bound of WCZ–18.386.GOLD, SILVER, WTI


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


• Buy: 17.581-17.856, Take Profit 1–18.131, Take Profit 2–18.386




• WTI


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 50.663-51.103. At the moment, the WTI is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 53.034-53.365. At the moment, the WTI 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 04.02.2020.


• Quotation of the lower boundary of the zone 1/4–50.320.


• Quotation of the lower boundary of the zone 1/2–51.190.


• Intraday objectives: update the lows from 04.02.2020–49.440.


• Medium-term objectives: test the higher bound of SWCZ-48.030.GOLD, SILVER, WTI


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


• Sell: 50.320-51.190, Take Profit 1-49.440, Take Profit 2-48.030.


• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)

 

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