GOLD, SILVER, WTI | 28 October 2022

• XAUUSD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1655.45-1678.53. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1641.01-1643.50. 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 24.10.2022.


• Quotation of the higher boundary of the zone 1/4–1656.95.


• Quotation of the higher boundary of the zone 1/2–1642.65.


• Intraday objectives: update the highs from 24.10.2022–1671.15.


• Medium-term objectives: test the lower bound of GWCZ–1702.25.GOLD, SILVER, WTI


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



• Buy: 1642.65–1656.95, Take Profit 1–1671.15, Take Profit 2–1702.25.




• XAGUSD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 18.503-18.874. At the moment, the SILVER is trading higher, indicating the strength of buyers.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 18.702-18.791. 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 24.10.2022.


• Quotation of the higher boundary of the zone 1/4–19.301.


• Quotation of the higher boundary of the zone 1/2–18.876.


• Intraday objectives: update the highs from 24.10.2022–19.726.


• Medium-term objectives: test the lower bound of GWCZ–20.611.GOLD, SILVER, WTI


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



• Buy: 18.876–19.301, Take Profit 1–19.726, Take Profit 2–20.611.




• WTI


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 83.805-85.410. 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 84.692-85.053. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.


• 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 18.10.2021.


• Quotation of the lower boundary of the zone 1/4–82.933.


• Quotation of the lower boundary of the zone 1/2–84.803.


• Intraday objectives: update the highs from 18.10.2021–81.053.


• Medium-term objectives: test the higher bound of SWCZ-77.093.GOLD, SILVER, WTI


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



• Sell: 82.933–84.803, Take Profit 1–81.053, Take Profit 2–77.093.




• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)




 

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:


Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus