GOLD, SILVER, WTI | 16 April 2021

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1722.56-1736.43. 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 1727.94-1732.12. 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 08.04.2021.

• Quotation of the higher boundary of the zone 1/4–1733.79.

• Quotation of the higher boundary of the zone 1/2–1708.79.

• Intraday objectives: update the highs from 08.04.2021–1758.79.

• Medium-term objectives: test the lower bound of WCZ–1776.69.

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

• Buy: 1708.79-1733.79, Take Profit 1–1758.79, Take Profit 2–1776.69.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 24.905-25.234. Currently, the SILVER 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 24.989-25.120. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.

• 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 31.02.2021.

• Quotation of the higher boundary of the zone 1/4–24.499.

• Quotation of the higher boundary of the zone 1/2–25.324.

• Intraday objectives: update the lows from 31.02.2021–23.674.

• Medium-term objectives: test the higher bound of GWCZ–23.454.

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

• Sell: 24.499-25.324, Take Profit 1–23.674, Take Profit 2–23.454.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 58.988-59.721. Currently, the WTI 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 60.254-60.472. At the moment, the WTI 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 05.04.2021.

• Quotation of the lower boundary of the zone 1/4–58.949.

• Quotation of the lower boundary of the zone 1/2–60.219.

• Intraday objectives: update the highs from 05.04.2021–57.669.

• Medium-term objectives: test the higher bound of WCZ-57.209.

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

• Sell: 58.949-60.219, Take Profit 1-57.669, Take Profit 2-57.209.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)