GOLD, SILVER, WTI | 24 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 1875.30-1878.70 and 1835.50-1838.70. Currently, the GOLD 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 17.02.2023.

• Quotation of the lower boundary of the zone 1/4–1837.05.

• Quotation of the lower boundary of the zone 1/2–1855.71.

• Intraday objectives: update the lows from 17.02.2023–1818.61.

• Medium-term objectives: test the lower bound of GWCZ–1781.11.

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

• Sell: 1837.05-1855.71, Take Profit 1–1818.61, Take Profit 2–1781.11.

• 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, 21.900-22.000 and 21.650-21.750. 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 17.02.2023.

• Quotation of the lower boundary of the zone 1/4–21.589.

• Quotation of the lower boundary of the zone 1/2–21.990.

• Intraday objectives: update the lows from 17.02.2023–21.140.

• Medium-term objectives: test the higher bound of GWCZ–20.485.

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

• Sell: 21.589-21.990, Take Profit 1–21.140, Take Profit 2–20.485.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 78.100-79.400. At the moment, the WTI 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 78.800-79.100. 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 17.02.2023.

• Quotation of the lower boundary of the zone 1/4–76.952.

• Quotation of the lower boundary of the zone 1/2–78.602.

• Intraday objectives: update the highs from 17.02.2023–75.302.

• Medium-term objectives: test the higher bound of WCZ-74.152.

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

• Sell: 76.952–78.602, Take Profit 1–75.302, Take Profit 2–74.152.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)