GOLD, SILVER, WTI | 25 December 2020

• GOLD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1831.30-1844.72. At the moment, the GOLD is trading higher, indicating the strength of buyers.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1835.60-1841.09. 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 21.12.2020.


• Quotation of the higher boundary of the zone 1/4–1875.44.


• Quotation of the higher boundary of the zone 1/2–1850.44.


• Intraday objectives: update the highs from 21.12.2020–1900.44.


• Medium-term objectives: test the lower bound of GWCZ–1911.74.GOLD, SILVER, WTI


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



• Buy: 1850.44-1875.44, Take Profit 1–1900.44, Take Profit 2–1911.74.




• SILVER


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.770-24.094. At the moment, the SILVER is trading higher, indicating the strength of buyers.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 23.840-23.970. 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 21.12.2020.


• Quotation of the higher boundary of the zone 1/4–25.992.


• Quotation of the higher boundary of the zone 1/2–25.292.


• Intraday objectives: update the highs from 21.12.2020–26.692.


• Medium-term objectives: test the lower bound of SWCZ–27.332.GOLD, SILVER, WTI


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



• Buy: 25.292-25.992, Take Profit 1–26.692, Take Profit 2–27.332.




• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 48.350-48.668. At the moment, the WTI is trading lower, indicating the weakness of buyers.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 48.331-48.663. 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 18.12.2020.


• Quotation of the higher boundary of the zone 1/4–48.244.


• Quotation of the higher boundary of the zone 1/2–47.064.


• Intraday objectives: update the highs from 18.12.2020–49.434.


• Medium-term objectives: test the higher bound of SWCZ-49.984.GOLD, SILVER, WTI


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



• Buy: 47.064-48.244, Take Profit 1-49.434, Take Profit 2-49.984.




 

James Hoggarth
Analyst of FreshForex
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