GOLD, SILVER, WTI | 17 July 2020

• GOLD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1724.52-1731.19. 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 1769.32-1773.20. 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 08.047.2020.

• Quotation of the higher boundary of the zone 1/4–1804.08.

• Quotation of the higher boundary of the zone 1/2–1783.58.

• Intraday objectives: update the highs from 08.07.2020–1824.58.

• Medium-term objectives: test the lower bound of SWCZ–1830.48.

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

• Buy: 1783.58-1804.08, Take Profit 1–1824.58, Take Profit 2–1830.48.

• SILVER

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 18.142-18.275. 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 18.118-18.194. At the moment, the SILVER 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 09.07.2020.

• Quotation of the higher boundary of the zone 1/4–18.634.

• Quotation of the higher boundary of the zone 1/2–18.234.

• Intraday objectives: update the highs from 09.07.2020–19.034.

• Medium-term objectives: test the lower bound of GWCZ–19.164.

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

• Buy: 18.234-18.634, Take Profit 1–19.034, Take Profit 2–19.164.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 39.389-40.050. 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 40.054-40.340. 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 23.06.2020.

• Quotation of the higher boundary of the zone 1/4–39.964

• Quotation of the higher boundary of the zone 1/2–38.264.

• Intraday objectives: update the highs from 23.06.2020–41.664.

• Medium-term objectives: test the higher bound of SWCZ-42.314.

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

• Buy: 38.264-39.964, Take Profit 1-41.664, Take Profit 2-42.314.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)