GOLD, SILVER, WTI | 25 August 2023

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1938.00-1945.00. 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 1941.00-1944.00 and 1904.00-1907.00. 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 21.08.2023.

• Quotation of the lower boundary of the zone 1/4–1905.24.

• Quotation of the lower boundary of the zone 1/2–1925.94.

• Intraday objectives: update the lows from 21.08.2023–1884.44.

• Medium-term objectives: test the lower bound of GWCZ–1874.94.

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

• Sell: 1905.24-1925.94, Take Profit 1–1884.44, Take Profit 2–1874.94.

• 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 22.600-22.800. 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 15.08.2023.

• Quotation of the lower boundary of the zone 1/4–22.636.

• Quotation of the lower boundary of the zone 1/2–23.061.

• Intraday objectives: update the lows from 15.08.2023–22.211.

• Medium-term objectives: test the higher bound of SWCZ–22.021.

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

• Sell: 22.636-23.061, Take Profit 1–22.211, Take Profit 2–22.021.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 80.000-80.700. At the moment, the WTI is trading higher, indicating the strength of buyers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 80.150-80.650. At the moment, the WTI 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 17.08.2023.

• Quotation of the lower boundary of the zone 1/4–80.180.

• Quotation of the lower boundary of the zone 1/2–81.830.

• Intraday objectives: update the highs from 17.08.2023–78.530.

• Medium-term objectives: test the higher bound of WCZ-77.490.

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

• Sell: 80.180–81.830, Take Profit 1–78.530, Take Profit 2–77.490.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)