GOLD, SILVER, WTI | 03 Maret 2023

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1834.00-1842.00. At the moment, the GOLD 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 1836.00-1841.00. 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 24.02.2023.

• Quotation of the lower boundary of the zone 1/4–1826.83.

• Quotation of the lower boundary of the zone 1/2–1845.33.

• Intraday objectives: update the lows from 24.02.2023–1808.67.

• Medium-term objectives: test the lower bound of GWCZ–1783.37.

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

• Sell: 1826.83-1845.33, Take Profit 1–1808.67, Take Profit 2–1783.37.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.600-23.800. At the moment, the SILVER 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 22.400-22.500, 21.800-21.900, 21.600-21.700 and 21.300-21.400. 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 27.02.2023.

• Quotation of the lower boundary of the zone 1/4–21.125.

• Quotation of the lower boundary of the zone 1/2–21.550.

• Intraday objectives: update the lows from 27.02.2023–20.700.

• Medium-term objectives: test the higher bound of GWCZ–20.525.

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

• Sell: 21.125-21.550, Take Profit 1–20.700, Take Profit 2–20.525.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 75.200-76.700. 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 76.400-76.700. 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 22.02.2023.

• Quotation of the lower boundary of the zone 1/4–75.481.

• Quotation of the lower boundary of the zone 1/2–77.120.

• Intraday objectives: update the highs from 22.02.2023–73.820.

• Medium-term objectives: test the higher bound of GWCZ-70.900.

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

• Sell: 75.481–77.120, Take Profit 1–73.820, Take Profit 2–70.900.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)