GOLD, SILVER, WTI | 21 February 2020

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1567.74-1575.02. At the moment, the GOLD 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 1573.00-1574.77. At the moment, the GOLD 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 17.02.2020.

• Quotation of the higher boundary of the zone 1/4–1572.61.

• Quotation of the higher boundary of the zone 1/2–1560.11.

• Intraday objectives: update the highs from 17.02.2020–1585.11.

• Medium-term objectives: test the lower bound of WCZ–1598.01.

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

• Buy: 1560.11-1572.61, Take Profit 1–1585.11, Take Profit 2–1598.01.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.940-18.030. At the moment, the SILVER 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 17.768-17.812. At the moment, the SILVER 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 12.02.2020.

• Quotation of the lower boundary of the zone 1/4–17.720.

• Quotation of the lower boundary of the zone 1/2–17.995.

• Intraday objectives: update the lows from 12.02.2020–17.445.

• Medium-term objectives: test the higher bound of WCZ–17.035.

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

• Sell: 17.720-17.995, Take Profit 1–17.445, Take Profit 2–17.035

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 51.606-52.310. 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 51.423-51.687. 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 17.02.2020.

• Quotation of the higher boundary of the zone 1/4–51.767.

• Quotation of the higher boundary of the zone 1/2–50.887.

• Intraday objectives: update the highs from 17.02.2020–52.637.

• Medium-term objectives: test the lower bound of WCZ-53.037.

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

• Buy: 50.887-51.767, Take Profit 1-52.637, Take Profit 2-53.037.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)