GOLD, SILVER, WTI | 15 September 2023

• XAUUSD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1917.00-1925.00. 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 1921.00-1925.00. 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 01.09.2023.


• Quotation of the higher boundary of the zone 1/4–1936.15.


• Quotation of the higher boundary of the zone 1/2–1915.35.


• Intraday objectives: update the highs from 01.09.2023–1956.85.


• Medium-term objectives: test the lower bound of WCZ–1968.25.GOLD, SILVER, WTI


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


• Buy: 1915.35–1936.15, Take Profit 1–1956.85, Take Profit 2–1968.25.




• XAGUSD


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.850-23.050. Currently, the SILVER 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 and 24.700-24.800. 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 07.09.2023.


• Quotation of the lower boundary of the zone 1/4–23.245.


• Quotation of the lower boundary of the zone 1/2–23.645.


• Intraday objectives: update the lows from 07.09.2023–22.845.


• Medium-term objectives: test the higher bound of SWCZ–21.940.GOLD, SILVER, WTI


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


• Sell: 23.245-23.645, Take Profit 1–22.845, Take Profit 2–21.940.




• WTI


• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 79.200-79.900. At the moment, the WTI 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 79.300-79.800. At the moment, the WTI 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 06.09.2023.


• Quotation of the higher boundary of the zone 1/4–85.923.


• Quotation of the higher boundary of the zone 1/2–84.273.


• Intraday objectives: update the highs from 06.09.2023–87.573.


• Medium-term objectives: test the higher bound of SWCZ-90.283.GOLD, SILVER, WTI


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


• Buy: 84.273-85.923, Take Profit 1-87.573, Take Profit 2-90.283.




• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)


 


 

James Hoggarth
Analyst of FreshForex
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