GOLD, SILVER, WTI | 14 July 2023

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1967.00-1978.00. 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 1972.00-1977.00 and 1926.00-1931.00. 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 29.06.2023.

• Quotation of the lower boundary of the zone 1/4–1915.68.

• Quotation of the lower boundary of the zone 1/2–1936.38.

• Intraday objectives: update the lows from 29.06.2023–1894.88.

• Medium-term objectives: test the lower bound of GWCZ–1888.98.

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

• Sell: 1915.68-1936.38, Take Profit 1–1894.88, Take Profit 2–1888.98.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.650-22.800. At the moment, the SILVER is trading higher, indicating the weakness of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 23.150-23.250. 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 23.06.2023.

• Quotation of the lower boundary of the zone 1/4–22.589.

• Quotation of the lower boundary of the zone 1/2–23.064.

• Intraday objectives: update the lows from 23.06.2023–22.114.

• Medium-term objectives: test the higher bound of GWCZ–21.759.

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

• Sell: 22.589-23.064, Take Profit 1–22.114, Take Profit 2–21.759.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 69.000-69.900. At the moment, the WTI 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 71.600-71.900. 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 10.07.2023.

• Quotation of the higher boundary of the zone 1/4–72.475.

• Quotation of the higher boundary of the zone 1/2–71.025.

• Intraday objectives: update the highs from 10.07.2023–73.925.

• Medium-term objectives: test the higher bound of GWCZ-75.675.

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

• Buy: 71.025-72.475, Take Profit 1-73.925, Take Profit 2-75.675.