GOLD, SILVER, WTI | 24 December 2021

• XAUUSD


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1781.89-1787.73. 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 1796.24-1799.95. 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 17.12.2021.


• Quotation of the higher boundary of the zone 1/4–1796.29.


• Quotation of the higher boundary of the zone 1/2–1777.49.


• Intraday objectives: update the highs from 17.12.2021–1814.99.


• Medium-term objectives: test the lower bound of WCZ–1827.29.GOLD, SILVER, WTI


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



• Buy: 1777.49–1796.29, Take Profit 1–1814.99, Take Profit 2–1827.29.




• XAGUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.170-22.433. Currently, the SILVER 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 22.258-22.370. 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 15.12.2021.


• Quotation of the higher boundary of the zone 1/4–21.972.


• Quotation of the higher boundary of the zone 1/2–22.547.


• Intraday objectives: update the lows from 15.12.2021–21.397.


• Medium-term objectives: test the higher bound of SWCZ–20.927.GOLD, SILVER, WTI


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



• Sell: 21.972-22.547, Take Profit 1–21.397, Take Profit 2–20.927.




• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 70.133-71.344. At the moment, the WTI 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 72.072-72.351. 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 09.12.2021.


• Quotation of the higher boundary of the zone 1/4–71.599.


• Quotation of the higher boundary of the zone 1/2–70.139.


• Intraday objectives: update the highs from 09.12.2021–73.059.


• Medium-term objectives: test the higher bound of SWCZ-73.889.GOLD, SILVER, WTI


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



• Buy: 70.139-71.599, Take Profit 1-73.059, Take Profit 2-73.889.




 

James Hoggarth
Analyst of FreshForex
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