GOLD, SILVER, WTI | 30 April 2021

XAUUSD


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1740.12-1749.43. 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 1775.18-1779.15. 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 21.04.2021.


• Quotation of the higher boundary of the zone 1/4–1773.63.


• Quotation of the higher boundary of the zone 1/2–1748.63.


• Intraday objectives: update the highs from 21.04.2021–1798.63.


• Medium-term objectives: test the lower bound of GWCZ–1827.53.GOLD, SILVER, WTI


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



• Buy: 1748.63-1773.63, Take Profit 1–1798.63, Take Profit 2–1827.53.




• XAGUSD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 25.992-26.280. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 25.909-26.035. Currently, the SILVER 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 21.04.2021.


• Quotation of the higher boundary of the zone 1/4–25.850.


• Quotation of the higher boundary of the zone 1/2–25.025.


• Intraday objectives: update the highs from 21.04.2021–26.675.


• Medium-term objectives: test the lower bound of WCZ–26.985.GOLD, SILVER, WTI


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



• Buy: 25.025-25.850, Take Profit 1–26.675, Take Profit 2–26.985.




• WTI


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 62.814-63.669. At the moment, the WTI is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 61.779-61.968. 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 22.04.2021.


• Quotation of the lower boundary of the zone 1/4–61.827.


• Quotation of the lower boundary of the zone 1/2–63.097.


• Intraday objectives: update the highs from 22.04.2021–60.547.


• Medium-term objectives: test the higher bound of WCZ-59.217.GOLD, SILVER, WTIGOLD, SILVER, WTI


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



• Sell: 61.827-63.097, Take Profit 1-60.547, Take Profit 2-59.217.




• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)




 

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:

Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .