GOLD, SILVER, WTI | 07 August 2020

• GOLD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1944.57-1956.20. At the moment, the GOLD is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1949.55-1954.74. 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 03.08.2020.

• Quotation of the higher boundary of the zone 1/4–1966.02.

• Quotation of the higher boundary of the zone 1/2–1945.52.

• Intraday objectives: update the highs from 03.08.2020–1986.52.

• Medium-term objectives: test the lower bound of SWCZ–2001.92.

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

• Buy: 1945.52-1966.02, Take Profit 1–1986.52, Take Profit 2–2001.92.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.976-24.237. Currently, the SILVER 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 23.986-24.138. 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 03.08.2020.

• Quotation of the higher boundary of the zone 1/4–24.605.

• Quotation of the higher boundary of the zone 1/2–24.105.

• Intraday objectives: update the highs from 03.08.2020–25.105.

• Medium-term objectives: test the lower bound of GWCZ–25.830.

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

• Buy: 24.105-24.605, Take Profit 1–25.105, Take Profit 2–25.830.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 40.930-41.193. 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 40.698-40.932. 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 21.07.2020.

• Quotation of the higher boundary of the zone 1/4–41.083.

• Quotation of the higher boundary of the zone 1/2–39.533.

• Intraday objectives: update the highs from 21.07.2020–42.633.

• Medium-term objectives: test the higher bound of GWCZ-43.813.

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

• Buy: 39.533-41.083, Take Profit 1-42.633, Take Profit 2-43.813.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)