GOLD, SILVER, WTI | 23 September 2022

• XAUUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1703.69-1717.72. At the moment, the GOLD is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1703.66-1707.50. 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 16.09.2022.


• Quotation of the lower boundary of the zone 1/4–1667.52.


• Quotation of the lower boundary of the zone 1/2–1681.72.


• Intraday objectives: update the lows from 16.09.2022–1653.22.


• Medium-term objectives: test the lower bound of SWCZ–1623.72.GOLD, SILVER, WTI


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



• Sell: 1667.52-1681.72, Take Profit 1–1653.22, Take Profit 2–1623.72.




• XAGUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.718-18.039. At the moment, the SILVER is trading higher, indicating the weakness of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 19.296-19.346. 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 19.09.2022.


• Quotation of the higher boundary of the zone 1/4–19.279.


• Quotation of the higher boundary of the zone 1/2–18.904.


• Intraday objectives: update the highs from 19.09.2022–19.654.


• Medium-term objectives: test the lower bound of WCZ–20.234.GOLD, SILVER, WTI


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



• Buy: 18.904–19.279, Take Profit 1–19.654, Take Profit 2–20.234.




• WTI


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 84.323-85.837. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 84.701-85.090. At the moment, the WTI 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 16.09.2021.


• Quotation of the lower boundary of the zone 1/4–85.948.


• Quotation of the lower boundary of the zone 1/2–88.098.


• Intraday objectives: update the highs from 16.09.2021–83.798.


• Medium-term objectives: test the higher bound of WCZ-80.838.GOLD, SILVER, WTI


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



• Sell: 85.948–88.098, Take Profit 1–83.798, Take Profit 2–80.838.




• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)




 

James Hoggarth
Analyst of FreshForex
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