AUDUSD, GOLD, WTI | 02 August 2019

AUDUSD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.69642-0.70331. At the moment, the pair 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 0.69790-0.69861. At the moment, the pair 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 26.07.2019.

Quotation of the lower boundary of the zone 1/4-0.69363.

Quotation of the lower boundary of the zone 1/2-0.69704.

Intraday objectives: update the lows from 26.07.2019–0.69027.

Medium-term objectives: test the higher bound of GWCZ -0.68789.

Trading recommendations: sells from the range of favorable prices 0.69363-0.69704 in the formation of a reversal pattern.

Sell: 0.69363-0.69704, Take Profit 1 - 0.69027, Take Profit 2 - 0.68789.

GOLD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1407.92-1425.47. Currently, the GOLD 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 1424.88-1427.56. 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 25.07.2019.

Quotation of the lower boundary of the zone 1/4–1420.98.

Quotation of the lower boundary of the zone 1/2–1430.97.

Intraday objectives: update the lows from 25.07.2019–1411.02.

Medium-term objectives: test the higher bound of GWCZ–1393.17.

Trading recommendations: sells from the range of favorable prices 1420.98-1430.97 in the formation of a reversal pattern.

Sell: 1420.98-1430.97, Take Profit 1–1411.02, Take Profit 2–1393.17.

WTI

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 55.906-56.239. 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 56.034-56.303. 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 24.07.2019.

Quotation of the higher boundary of the zone 1/4–56.716.

Quotation of the higher boundary of the zone 1/2–55.801.

Intraday objectives: update the highs from 24.07.2019–57.621

Medium-term objectives: test the lower bound of WCZ-58.491.

Trading recommendations: buys from a range of favorable prices 55.801-56.716 in the formation of a reversal pattern.

Buy: 55.801-56.716, Take Profit 1-57.621, Take Profit 2-58.491.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)