GOLD, SILVER, WTI | 15 May 2020

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1703.16-1716.98. 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 1705.36-1699.44. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

• 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 08.05.2020.

• Quotation of the higher boundary of the zone 1/4–1710.00.

• Quotation of the higher boundary of the zone 1/2–1687.20.

• Intraday objectives: update the highs from 08.05.2020–1732.90.

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

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

• Buy: 1687.20-1710.00, Take Profit 1–1732.90, Take Profit 2–1764.90.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 14.579-14.774. At the moment, the SILVER 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 14.876-14.951. 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 08.05.2020.

• Quotation of the higher boundary of the zone 1/4–15.211.

• Quotation of the higher boundary of the zone 1/2–14.761.

• Intraday objectives: update the highs from 08.05.2020–15.661.

• Medium-term objectives: test the lower bound of WCZ–16.196.

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

• Buy: 14.761-15.211, Take Profit 1–15.661, Take Profit 2–16.196.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 24.715-25.572. 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 20.391-20.963. 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 06.05.2020.

• Quotation of the higher boundary of the zone 1/4–25.243

• Quotation of the higher boundary of the zone 1/2–22.743.

• Intraday objectives: update the highs from 06.05.2020–27.743.

• Medium-term objectives: test the higher bound of GWCZ-32.033.

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

• Buy: 22.743-25.243, Take Profit 1-27.743, Take Profit 2-32.033.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)