GOLD, SILVER, WTI | 20 March 2020

GOLD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1568.78-1578.90 and 1639.60-1650.48. At the moment, the GOLD is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: temporary uncertainty. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1658.53-1664.31. At the moment, the GOLD is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Trading recommendations: outside the market.


 


• SILVER


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 16.915-17.227. At the moment, the SILVER is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 16.820-16.964. At the moment, the SILVER is trading lower, indicating the weakness of buyers.


• 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 13.03.2020.


• Quotation of the lower boundary of the zone 1/4–14.724.


• Quotation of the lower boundary of the zone 1/2–15.024.


• Intraday objectives: update the lows from 13.03.2020–14.424.


• Medium-term objectives: test the higher bound of SWCZ–14.014.GOLD, SILVER, WTI


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


• Sell: 14.724-15.024, Take Profit 1–14.424, Take Profit 2–14.014.




• WTI


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 30.858-31.537. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 31.133-31.483 and 33.405-33.813. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI




• Trading recommendations: outside the market.


 

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:


Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus