AUDUSD
Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 0.69957-0.70029 and 0.70271-0.70343. At the moment, the pair 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 0.70285-0.70352. At the moment, the pair 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 19.07.2019.
Quotation of the higher boundary of the zone 1/4-0.70477.
Quotation of the higher boundary of the zone 1/2-0.70136.
Intraday objectives: update the highs from 19.07.2019–0.70818.
Medium-term objectives: test the lower bound of GWCZ -0.71121.
Trading recommendations: buys from the range of favorable prices 0.70136-0.70477 in the formation of a reversal pattern.
Buy: 0.70136-0.70477, Take Profit 1 - 0.70818, Take Profit 2 - 0.71121.
GOLD
Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1405.51-1411.21. At the moment, the GOLD is trading higher, indicating the strength of buyers.
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 higher, indicating the weakness 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 19.07.2019.
Quotation of the lower boundary of the zone 1/4–1430.14.
Quotation of the lower boundary of the zone 1/2–1440.19.
Intraday objectives: update the lows from 19.07.2019–1419.99.
Medium-term objectives: test the higher bound of WCZ–1413.00.
Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful sells from the range of favorable prices 1430.14-1440.19 in the formation of a reversal pattern.
Sell: 1430.14-1440.19, Take Profit 1–1419.99, Take Profit 2–1413.00.
WTI
Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 55.318-56.015. At the moment, the WTI is trading higher, indicating the strength of buyers.
Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 55.318-56.015. At the moment, the WTI is trading higher, indicating the strength 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 18.07.2019.
Quotation of the lower boundary of the zone 1/4–55.747.
Quotation of the lower boundary of the zone 1/2–56.670.
Intraday objectives: update the lows from 18.07.2019–54.811
Medium-term objectives: test the higher bound of SWCZ-53.693.
Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to sell, I recommend staying out of the market or very careful sells from a range of favorable prices 55.747-56.670 in the formation of a reversal pattern.
Sell: 55.747-56.670, Take Profit 1-54.811, Take Profit 2-53.693.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)