GOLD, SILVER, WTI | 03 July 2020

• GOLD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17215.94-1725.66. 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 1718.53-1723.04. 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 24.06.2020.

• Quotation of the higher boundary of the zone 1/4–1761.57.

• Quotation of the higher boundary of the zone 1/2–1741.07.

• Intraday objectives: update the highs from 24.06.2020–1782.07.

• Medium-term objectives: test the lower bound of SWCZ–1821.67.

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

• Buy: 1741.07-17461.57, Take Profit 1–1782.07, Take Profit 2–1821.67.

• SILVER

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.615-17.749. At the moment, the SILVER 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 17.884-17.950. Currently, the SILVER 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 24.06.2020.

• Quotation of the higher boundary of the zone 1/4–17.679.

• Quotation of the higher boundary of the zone 1/2–17.279.

• Intraday objectives: update the highs from 24.06.2020–18.079.

• Medium-term objectives: test the lower bound of WCZ–18.429.

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

• Buy: 17.279-17.679, Take Profit 1–18.079, Take Profit 2–18.429.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 37.801-38.629. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 38.063-38.396. 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 23.06.2020.

• Quotation of the higher boundary of the zone 1/4–39.648

• Quotation of the higher boundary of the zone 1/2–37.698.

• Intraday objectives: update the highs from 23.06.2020–41.598.

• Medium-term objectives: test the higher bound of SWCZ-45.248.

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

• Buy: 37.698-39.648, Take Profit 1-41.598, Take Profit 2-45.248.

 

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)