AUDUSD, GOLD, WTI | 06 September 2019

AUDUSD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.67701-0.67846. At the moment, the pair is trading lower, indicating the strength of sellers.AUDUSD, GOLD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 0.67271-0.67444. Currently, the pair 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 26.08.2019.

Quotation of the higher boundary of the zone 1/4-0.67548.

Quotation of the higher boundary of the zone 1/2-0.67197.

Intraday objectives: update the highs from 26.08.2019–0.67878.

Medium-term objectives: test the lower bound of WCZ - 0.68228.AUDUSD, GOLD, WTI

Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from the range of favorable prices 0.67197-0.67548 in the formation of a reversal pattern.


Buy: 0.67197-0.67548, Take Profit 1 - 0.67878, Take Profit 2 - 0.68228.


GOLD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1498.46-1505.64. At the moment, the GOLD is trading higher, indicating the strength of buyers.AUDUSD, GOLD, WTI

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1541.79-1543.81. 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 30.08.2019.

Quotation of the lower boundary of the zone 1/4–1528.32.

Quotation of the lower boundary of the zone 1/2–1539.50.

Intraday objectives: update the lows from 30.08.2019–1517.04.

Medium-term objectives: test the higher bound of WCZ–1509.98.AUDUSD, GOLD, WTI

Trading recommendations: sells from the range of favorable prices 1528.32-1539.50 in the formation of a reversal pattern.


Sell: 1528.32-1539.50, Take Profit 1–1517.04, Take Profit 2–1509.98.




WTI


Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 56.013-56.301. At the moment, the WTI is trading lower, indicating the strength of sellers.AUDUSD, GOLD, WTI

Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 56.034-56.174. At the moment, the WTI is trading lower, indicating the weakness 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 29.08.2019.

Quotation of the higher boundary of the zone 1/4–55.805.

Quotation of the higher boundary of the zone 1/2–54.989.

Intraday objectives: update the highs from 29.08.2019–56.781.

Medium-term objectives: test the lower bound of GWCZ-58.364.AUDUSD, GOLD, WTI

Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from the range of favorable 54.989-55.805 in the formation of a reversal pattern.


Buy: 54.989-55.805, Take Profit 1-56.781, Take Profit 2-58.364.


 


WCZ (weekly control zone)




GWCZ (golden weekly control zone)




SWCZ (silver weekly control zone)


 

James Hoggarth
Analyst of FreshForex
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