GOLD, SILVER, WTI | 31 March 2023

• XAUUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1970.00-1983.00. Currently, the GOLD 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 1990.00-1996.00. At the moment, the GOLD 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 24.03.2023.

• Quotation of the higher boundary of the zone 1/4–1983.60.

• Quotation of the higher boundary of the zone 1/2–1963.68.

• Intraday objectives: update the highs from 24.03.2023–2003.68.

• Medium-term objectives: test the lower bound of WCZ–2013.48.

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

• Buy: 1963.68–1983.60, Take Profit 1–2003.68, Take Profit 2–2013.48.

• XAGUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 21.600-21.800. 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 21.700-21.800, 22.400-22.500 and 23.050-23.150. 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 24.03.2023.

• Quotation of the higher boundary of the zone 1/4–23.063.

• Quotation of the higher boundary of the zone 1/2–22.588.

• Intraday objectives: update the highs from 24.03.2023–23.584.

• Medium-term objectives: test the lower bound of GWCZ–24.574.

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

• Buy: 22.588–23.063, Take Profit 1–23.584, Take Profit 2–24.574.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 68.250-69.650. 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 69.350-69.650. 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 23.03.2023.

• Quotation of the higher boundary of the zone 1/4–70.847.

• Quotation of the higher boundary of the zone 1/2–68.947.

• Intraday objectives: update the highs from 23.03.2023–71.847.

• Medium-term objectives: test the higher bound of GWCZ-73.237.

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

• Buy: 68.947-70.847, Take Profit 1-71.847, Take Profit 2-73.237.