GOLD, SILVER, WTI | 19 June 2020

• GOLD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1742.00-1750.39. 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 1712.08-1715.01. 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 11.06.2020.

• Quotation of the higher boundary of the zone 1/4–1724.77.

• Quotation of the higher boundary of the zone 1/2–1701.97.

• Intraday objectives: update the highs from 11.06.2020–1747.67.

• Medium-term objectives: test the lower bound of WCZ–1755.97.

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

• Buy: 1701.97-1724.77, Take Profit 1–1747.67, Take Profit 2–1755.0297.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.653-17.857. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 17.727-17.832. At the moment, the SILVER 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 15.06.2020.

• Quotation of the higher boundary of the zone 1/4–17.745.

• Quotation of the higher boundary of the zone 1/2–18.195.

• Intraday objectives: update the lows from 15.06.2020–17.295.

• Medium-term objectives: test the higher bound of WCZ–17.080.

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

• Sell: 17.745-18.195, Take Profit 1–17.295, Take Profit 2–17.080.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 37.884-38.622. At the moment, the WTI is trading lower, indicating the weakness of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 36.421-37.090. At the moment, the WTI 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 08.06.2020.

• Quotation of the higher boundary of the zone 1/4–38.257

• Quotation of the higher boundary of the zone 1/2–36.007.

• Intraday objectives: update the highs from 08.06.2020–40.507.

• Medium-term objectives: test the higher bound of GWCZ-44.107.

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

• Buy: 36.007-38.257, Take Profit 1-40.507, Take Profit 2-44.107.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)