GOLD, GAS, WTI | 13 December 2019

• GOLD


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1460.21-1478.34. At the moment, the GOLD is trading lower, indicating the weakness of buyers.GOLD, GAS, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1474.44-1476.37. 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 09.12.2019.


• Quotation of the lower boundary of the zone 1/4–1469.85.


• Quotation of the lower boundary of the zone 1/2–1481.05.


• Intraday objectives: update the lows from 09.12.2019–1458.23.


• Medium-term objectives: test the higher bound of WCZ–1440.45.GOLD, GAS, WTI


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


• Sell: 1469.85-1481.05, Take Profit 1–1458.23, Take Profit 2–1440.8445




• GAS


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 2.498-2.578. At the moment, the GAS is trading lower, indicating the strength of sellers.GOLD, GAS, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 2.369-2.418. At the moment, the GAS 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 09.12.2019.


• Quotation of the lower boundary of the zone 1/4–2.211.


• Quotation of the lower boundary of the zone 1/2–2.273.


• Intraday objectives: update the lows from 09.12.2019–2.150.


• Medium-term objectives: test the higher bound of GWCZ–2.135.GOLD, GAS, WTI


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


• Sell: 2.211-2.273, Take Profit 1–2.150, Take Profit 2–2.135.




• WTI


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 57.646-58.318. At the moment, the WTI is trading higher, indicating the strength of buyers.GOLD, GAS, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 58.226-58.416. 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 06.12.2019.


• Quotation of the higher boundary of the zone 1/4–58.751.


• Quotation of the higher boundary of the zone 1/2–57.751.


• Intraday objectives: update the highs from 06.12.2019–59.751.


• Medium-term objectives: test the lower bound of GWCZ-60.921.GOLD, GAS, WTI


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


• Buy: 57.751-58.751, Take Profit 1-59.751, Take Profit 2-60.921.


• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)


• TRADE FUEL WITHOUT SWAPS!

 

James Hoggarth
Analyst of FreshForex
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