GOLD, SILVER, WTI | 17 February 2023

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1869.70-1878.70. 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 1872.80-1876.80. 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 10.02.2023.

• Quotation of the lower boundary of the zone 1/4–1871.14.

• Quotation of the lower boundary of the zone 1/2–1889.64.

• Intraday objectives: update the lows from 10.02.2023–1852.64.

• Medium-term objectives: test the lower bound of SWCZ–1816.34.

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

• Sell: 1871.14-1889.64, Take Profit 1–1852.64, Take Profit 2–1816.34.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.600-23.800. At the moment, the SILVER 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 22.350-22.450. At the moment, the SILVER 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 10.02.2023.

• Quotation of the lower boundary of the zone 1/4–22.241.

• Quotation of the lower boundary of the zone 1/2–22.666.

• Intraday objectives: update the lows from 10.02.2023–21.820.

• Medium-term objectives: test the higher bound of SWCZ–21.340.

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

• Sell: 22.241-22.666, Take Profit 1–21.820, Take Profit 2–21.340.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 79.300-80.400. Currently, the WTI 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 77.750-78.080. 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 10.02.2023.

• Quotation of the higher boundary of the zone 1/4–78.800.

• Quotation of the higher boundary of the zone 1/2–77.150.

• Intraday objectives: update the highs from 10.02.2023–80.450.

• Medium-term objectives: test the higher bound of GWCZ-82.490.

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

• Buy: 77.150-78.800, Take Profit 1-80.450, Take Profit 2-82.490.