GOLD, SILVER, WTI | 24 Juli 2020

• GOLD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1803.78-1810.70. 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 1774.70-1778.01. 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 08.047.2020.

• Quotation of the higher boundary of the zone 1/4–1808.36.

• Quotation of the higher boundary of the zone 1/2–1787.86.

• Intraday objectives: update the highs from 08.07.2020–1828.86.

• Medium-term objectives: test the lower bound of SWCZ–1834.76.

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

• Buy: 1787.86-1808.36, Take Profit 1–1828.86, Take Profit 2–1834.76.

• SILVER

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 19.251-19.420. 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 18.118-18.194. 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 15.07.2020.

• Quotation of the higher boundary of the zone 1/4–19.068.

• Quotation of the higher boundary of the zone 1/2–18.668.

• Intraday objectives: update the highs from 15.07.2020–19.468.

• Medium-term objectives: test the lower bound of SWCZ–19.973.

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

• Buy: 18.668-19.068, Take Profit 1–19.468, Take Profit 2–19.973.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 40.540-41.191. 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 40.054-40.340. 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 23.06.2020.

• Quotation of the higher boundary of the zone 1/4–40.024.

• Quotation of the higher boundary of the zone 1/2–38.324.

• Intraday objectives: update the highs from 23.06.2020–41.724.

• Medium-term objectives: test the higher bound of SWCZ-42.374.

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

• Buy: 38.324-40.024Take Profit 1-41.724, Take Profit 2-42.374.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)