GOLD, SILVER, WTI | 01 May 2020

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1712.57-1720.95. 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 1706.45-1713.83. 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 23.04.2020.

• Quotation of the higher boundary of the zone 1/4–1723.84.

• Quotation of the higher boundary of the zone 1/2–1701.04.

• Intraday objectives: update the highs from 23.04.2020–1746.74.

• Medium-term objectives: test the lower bound of GWCZ–1786.04.

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

• Buy: 1701.04-1723.84, Take Profit 1–1746.74, Take Profit 2–1786.04.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 15.031-15.219. Currently, the pair 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 15.042-15.148. At the moment, the SILVER is trading higher, indicating the weakness 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 21.04.2020.

• Quotation of the higher boundary of the zone 1/4–14.855.

• Quotation of the higher boundary of the zone 1/2–15.305.

• Intraday objectives: update the highs from 21.04.2020–14.405.

• Medium-term objectives: test the higher bound of WCZ–14.345.

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

• Sell: 14.855-15.305, Take Profit 1–14.405, Take Profit 2–14.345

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 16.743-17.665. Currently, the WTI 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 15.187-15.703. 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 23.04.2020.

• Quotation of the lower boundary of the zone 1/4–17.135

• Quotation of the lower boundary of the zone 1/2–14.635.

• Intraday objectives: update the highs from 23.04.2020–19.504.

• Medium-term objectives: test the higher bound of GWCZ-22.895.

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

• Buy: 14.635-17.135, Take Profit 1-19.504, Take Profit 2-22.895.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)