GOLD, SILVER, WTI | 07 July 2023

• XAUUSD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 2018.00-2030.00. At the moment, the GOLD is trading lower, indicating the weakness of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 2022.00-2028.00 and 1999.00-2005.00. Currently, the GOLD 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 13.04.2023.

• Quotation of the higher boundary of the zone 1/4–2030.31.

• Quotation of the higher boundary of the zone 1/2–2009.51.

• Intraday objectives: update the highs from 13.04.2023–2051.01.

• Medium-term objectives: test the lower bound of GWCZ–2070.31.

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

• Buy: 2009.51–2030.31, Take Profit 1–2051.01, Take Profit 2–2070.31.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.900-24.150. Currently, the SILVER 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 23.500-23.580 and 24.260-24.330. 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 09.06.2023.

• Quotation of the higher boundary of the zone 1/4–24.053.

• Quotation of the higher boundary of the zone 1/2–23.578.

• Intraday objectives: update the highs from 09.06.2023–24.528.

• Medium-term objectives: test the lower bound of WCZ–24.618.

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

• Buy: 23.578–24.053, Take Profit 1–24.528, Take Profit 2–24.618.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 70.700-71.400. At the moment, the WTI 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 72.450-72.650. 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 23.06.2023.

• Quotation of the lower boundary of the zone 1/4–68.826.

• Quotation of the lower boundary of the zone 1/2–70.276.

• Intraday objectives: update the highs from 23.06.2023–67.376.

• Medium-term objectives: test the higher bound of GWCZ-64.046.

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

• Sell: 68.826–70.276, Take Profit 1–67.376, Take Profit 2–64.046.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)