GOLD, SILVER, WTI | 18 August 2023

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1932.00-1942.00. 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 1938.00-1941.00 and 1917.00-1920.00. 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 14.08.2023.

• Quotation of the lower boundary of the zone 1/4–1930.99.

• Quotation of the lower boundary of the zone 1/2–1951.69.

• Intraday objectives: update the lows from 14.08.2023–1910.19.

• Medium-term objectives: test the lower bound of GWCZ–1872.09.

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

• Sell: 1930.99-1951.69, Take Profit 1–1910.19, Take Profit 2–1872.09.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.500-22.800. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations and 22.600-22.700. 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 14.08.2023.

• Quotation of the lower boundary of the zone 1/4–22.936.

• Quotation of the lower boundary of the zone 1/2–23.361.

• Intraday objectives: update the lows from 14.08.2023–22.511.

• Medium-term objectives: test the higher bound of SWCZ–22.001.

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

• Sell: 22.936-23.361, Take Profit 1–22.511, Take Profit 2–22.001.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 75.000-75.800. 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 75.200-75.700 and 83.100-83.600. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.

• 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 10.08.2023.

• Quotation of the higher boundary of the zone 1/4–82.769.

• Quotation of the higher boundary of the zone 1/2–81.219.

• Intraday objectives: update the highs from 10.08.2023–84.319.

• Medium-term objectives: test the higher bound of SWCZ-85.299.

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

• Buy: 81.219-82.769, Take Profit 1-84.319, Take Profit 2-85.299.