GOLD, SILVER, WTI | 05 March 2021

• GOLD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1838.68-1847.37. At the moment, the GOLD is trading lower, indicating the strength of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1772.88-1779.55. At the moment, the GOLD 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 26.02.2021.

• Quotation of the lower boundary of the zone 1/4–1744.18.

• Quotation of the lower boundary of the zone 1/2–1771.68.

• Intraday objectives: update the lows from 26.02.2021–1716.68.

• Medium-term objectives: test the lower bound of SWCZ–1660.68.

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

• Sell: 1744.18-1771.68, Take Profit 1–1716.68, Take Profit 2–1660.68.

• SILVER

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 27.459-27.878. At the moment, the SILVER 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 27.376-27.472. At the moment, the SILVER 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 23.02.2021.

• Quotation of the higher boundary of the zone 1/4–27.597.

• Quotation of the higher boundary of the zone 1/2–26.772.

• Intraday objectives: update the highs from 23.02.2021–28.422.

• Medium-term objectives: test the lower bound of WCZ–29.232.

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

• Buy: 26.772-27.597, Take Profit 1–28.422, Take Profit 2–29.232.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 60.632-61.666. At the moment, the WTI 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 61.415-61.630. 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 25.02.2021.


• Quotation of the higher boundary of the zone 1/4–62.531.

• Quotation of the higher boundary of the zone 1/2–61.401.

• Intraday objectives: update the highs from 25.02.2021–63.661.

• Medium-term objectives: test the higher bound of GWCZ-65.231.

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

• Buy: 61.401-62.531, Take Profit 1-63.661, Take Profit 2-65.231.