GOLD, SILVER, WTI | 21 August 2020

• GOLD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1937.44-1949.47. 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 1927.79-1931.34. At the moment, the GOLD 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 13.08.2020.

• Quotation of the higher boundary of the zone 1/4–1942.33.

• Quotation of the higher boundary of the zone 1/2–1919.03.

• Intraday objectives: update the highs from 13.08.2020–1965.53.

• Medium-term objectives: test the lower bound of GWCZ–2004.43.

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

• Buy: 1919.03-1942.33, Take Profit 1–1965.53, Take Profit 2–2004.43.

• SILVER

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 26.173-26.801. 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 25.680-25.891. 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 14.08.2020.

• Quotation of the higher boundary of the zone 1/4–27.108.

• Quotation of the higher boundary of the zone 1/2–26.445.

• Intraday objectives: update the highs from 14.08.2020–27.770.

• Medium-term objectives: test the lower bound of SWCZ–28.765.

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

• Buy: 26.445-27.108, Take Profit 1–27.770, Take Profit 2–28.765.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 42.299-42.577. At the moment, the WTI 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 40.357-40.590. At the moment, the WTI 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 05.08.2020.

• Quotation of the higher boundary of the zone 1/4–42.218.

• Quotation of the higher boundary of the zone 1/2–40.668.

• Intraday objectives: update the highs from 05.08.2020–43.768.

• Medium-term objectives: test the higher bound of GWCZ-43.938.

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

• Buy: 40.668-42.218, Take Profit 1-43.768, Take Profit 2-43.938.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)