GOLD, SILVER, WTI | 27 August 2021

• XAUUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1805.15-1814.56. At the moment, the GOLD is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1727.30-1734.30. 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 17.08.2021.


• Quotation of the higher boundary of the zone 1/4–1775.18.


• Quotation of the higher boundary of the zone 1/2–1754.58.


• Intraday objectives: update the highs from 17.08.2021–1795.78.


• Medium-term objectives: test the lower bound of SWCZ–1841.08.GOLD, SILVER, WTI


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



• Buy: 1754.58-1775.18, Take Profit 1–1795.78, Take Profit 2–1841.08.




• XAGUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.248-23.449. 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 23.936-24.042. 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 09.08.2021.


• Quotation of the higher boundary of the zone 1/4–23.427.


• Quotation of the higher boundary of the zone 1/2–22.752.


• Intraday objectives: update the highs from 09.08.2021–24.102.


• Medium-term objectives: test the lower bound of WCZ–25.022.GOLD, SILVER, WTI


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



• Buy: 22.752-23.427, Take Profit 1–24.102, Take Profit 2–25.022.




• WTI


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 62.653-63.104. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 62.678-63.174. 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 23.08.2021.


• Quotation of the lower boundary of the zone 1/4–62.990.


• Quotation of the lower boundary of the zone 1/2–64.310.


• Intraday objectives: update the highs from 23.08.2021–61.660.


• Medium-term objectives: test the higher bound of GWCZ-61.360.GOLD, SILVER, WTI


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



• Sell: 62.990-64.310, Take Profit 1-61.660, Take Profit 2-61.360.




• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)




 

James Hoggarth
Analyst of FreshForex
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