GOLD, SILVER, WTI | 16 June 2023

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1957.00-1967.00. 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 1946.00-1950.00. At the moment, the GOLD is trading higher, indicating the weakness 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 30.05.2023.

• Quotation of the lower boundary of the zone 1/4–1955.95.

• Quotation of the lower boundary of the zone 1/2–1976.65.

• Intraday objectives: update the lows from 30.05.2023–1935.15.

• Medium-term objectives: test the lower bound of SWCZ–1921.75.

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

• Sell: 1955.95-1976.65, Take Profit 1–1935.15, Take Profit 2–1921.75.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.300-23.550. At the moment, the SILVER is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 23.230-23.300 and 24.200-24.260. At the moment, the SILVER 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 09.06.2023.

• Quotation of the higher boundary of the zone 1/4–24.039.

• Quotation of the higher boundary of the zone 1/2–23.564.

• Intraday objectives: update the highs from 09.06.2023–24.514.

• Medium-term objectives: test the lower bound of GWCZ–25.526.

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

• Buy: 23.564–24.039, Take Profit 1–24.514, Take Profit 2–25.526.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 71.400-72.200. 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 72.450-72.750 and 70.250-70.500. 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 08.06.2023.

• Quotation of the lower boundary of the zone 1/4–70.615.

• Quotation of the lower boundary of the zone 1/2–72.065.

• Intraday objectives: update the highs from 08.06.2023–69.165.

• Medium-term objectives: test the higher bound of GWCZ-66.955.

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

• Sell: 70.615–72.065, Take Profit 1–69.165, Take Profit 2–66.955.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)