GOLD, SILVER, WTI | 04 November 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. At the moment, the GOLD is trading lower, indicating the strength of sellers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1647.71-1650.64 and 1655.46-1658.05. At the moment, the GOLD is trading lower, indicating the weakness 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 26.10.2022.

• Quotation of the higher boundary of the zone 1/4–1660.75.

• Quotation of the higher boundary of the zone 1/2–1646.45.

• Intraday objectives: update the highs from 26.10.2022–1674.95.

• Medium-term objectives: test the lower bound of GWCZ–1702.15.

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

• Buy: 1646.45–1660.75, Take Profit 1–1674.95, Take Profit 2–1702.15.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 19.354-19.710. 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 18.702-18.791. 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 26.10.2022.

• Quotation of the higher boundary of the zone 1/4–19.367.

• Quotation of the higher boundary of the zone 1/2–18.942.

• Intraday objectives: update the highs from 26.10.2022–19.792.

• Medium-term objectives: test the lower bound of GWCZ–20.587.

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

• Buy: 18.942–19.367, Take Profit 1–19.792, Take Profit 2–20.587.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 19.354-19.710. 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 18.702-18.791. 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 26.10.2022.

• Quotation of the higher boundary of the zone 1/4–19.367.

• Quotation of the higher boundary of the zone 1/2–18.942.

• Intraday objectives: update the highs from 26.10.2022–19.792.

• Medium-term objectives: test the lower bound of GWCZ–20.587.

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

• Buy: 18.942–19.367, Take Profit 1–19.792, Take Profit 2–20.587.