GOLD, SILVER, WTI | 28 April 2023

• XAUUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 2001.00-2013.00. At the moment, the GOLD is trading lower, indicating the weakness of buyers. 

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 2003.00-2010.00. 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 19.04.2023.

• Quotation of the lower boundary of the zone 1/4–1992.67.

• Quotation of the lower boundary of the zone 1/2–2013.37.

• Intraday objectives: update the lows from 19.04.2023–1971.87.

• Medium-term objectives: test the lower bound of GWCZ–1929.87. 

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

• Sell: 1992.67-2013.37, Take Profit 1–1971.87, Take Profit 2–1929.87.

• XAGUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 24.850-25.050. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty. 

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 25.180-25.280. At the moment, the SILVER 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 19.04.2023.

• Quotation of the lower boundary of the zone 1/4–25.149.

• Quotation of the lower boundary of the zone 1/2–25.624.

• Intraday objectives: update the lows from 19.04.2023–24.674.

• Medium-term objectives: test the higher bound of WCZ–24.284. 

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

• Sell: 25.149-25.624, Take Profit 1–24.674, Take Profit 2–24.284.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 77.150-78.150. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty. 

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 80.600-81.000. At the moment, the WTI 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 17.03.2023.

• Quotation of the lower boundary of the zone 1/4–66.867.

• Quotation of the lower boundary of the zone 1/2–68.367.

• Intraday objectives: update the highs from 17.03.2023–65.367.

• Medium-term objectives: test the higher bound of SWCZ-63.027. 

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

• Sell: 66.867–68.367, Take Profit 1–65.367, Take Profit 2–63.027.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)