GOLD, SILVER, WTI | 05 November 2021

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1753.45-1762.44. 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 1782.08-1786.24. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

• 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 22.10.2021.

• Quotation of the higher boundary of the zone 1/4–1797.90.

• Quotation of the higher boundary of the zone 1/2–1779.10.

• Intraday objectives: update the highs from 22.10.2021–1816.60.

• Medium-term objectives: test the lower bound of GWCZ–1834.70.

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

• Buy: 1779.10-1797.90, Take Profit 1–1816.60, Take Profit 2–1834.70.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.916-24.339. 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 22.449-22.576. 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 22.10.2021.

• Quotation of the higher boundary of the zone 1/4–24.290.

• Quotation of the higher boundary of the zone 1/2–23.715.

• Intraday objectives: update the highs from 22.10.2021–24.865.

• Medium-term objectives: test the lower bound of GWCZ–25.955.

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

• Buy: 23.715-24.290, Take Profit 1–24.865, Take Profit 2–25.955.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 81.427-82.818. 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 82.730-83.020. 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 28.10.2021.

• Quotation of the lower boundary of the zone 1/4–81.114.

• Quotation of the lower boundary of the zone 1/2–82.384.

• Intraday objectives: update the highs from 28.10.2021–79.834.

• Medium-term objectives: test the higher bound of GWCZ-77.014.

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

• Sell: 81.114-82.384, Take Profit 1-79.834, Take Profit 2-77.014.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)