GOLD, SILVER, WTI | 06 November 2020

• GOLD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1948.20-1955.80. 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 1902.20-1905.40. 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 29.10.2020.

• Quotation of the lower boundary of the zone 1/4–1890.74.

• Quotation of the lower boundary of the zone 1/2–1919.44.

• Intraday objectives: update the lows from 29.10.2020–1861.94.

• Medium-term objectives: test the lower bound of WCZ–1827.14.

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

• Sell: 1890.74-1919.44, Take Profit 1–1861.94, Take Profit 2–1827.14.

• SILVER

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 24.280-24.560. 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 24.140-24.330. 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 29.10.2020.

• Quotation of the higher boundary of the zone 1/4–23.542.

• Quotation of the higher boundary of the zone 1/2–24.392.

• Intraday objectives: update the lows from 29.10.2020–22.692.

• Medium-term objectives: test the higher bound of WCZ–22.377.

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

• Sell: 23.542-24.392, Take Profit 1–22.692, Take Profit 2–22.377.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 41.330-41.590. At the moment, the WTI 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 38.920-39.310. 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 02.11.2020.

• Quotation of the lower boundary of the zone 1/4–35.332.

• Quotation of the lower boundary of the zone 1/2–36.602.

• Intraday objectives: update the highs from 02.11.2020–34.052.

• Medium-term objectives: test the higher bound of SWCZ-32.112.

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

• Sell: 35.332-36.602, Take Profit 1-34.052, Take Profit 2-32.112.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)