GOLD, SILVER, WTI | 27 October 2023

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1940.00-1950.00. At the moment, the GOLD is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1979.00-1987.00. 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 27.10.2023.

• Quotation of the higher boundary of the zone 1/4–1993.13.

• Quotation of the higher boundary of the zone 1/2–1973.63.

• Intraday objectives: update the highs from 27.10.2023–2012.63.

• Medium-term objectives: test the lower bound of SWCZ–2050.43.

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

• Buy: 1973.63–1993.13, Take Profit 1–2012.63, Take Profit 2–2050.43.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.000-23.300. Currently, the SILVER 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 and 22.800-22.900. At the moment, the SILVER 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 26.10.2023.

• Quotation of the lower boundary of the zone 1/4–22.925.

• Quotation of the lower boundary of the zone 1/2–23.325.

• Intraday objectives: update the lows from 26.10.2023–22.525.

• Medium-term objectives: test the higher bound of WCZ–22.030.

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

• Sell: 22.925-23.325, Take Profit 1–22.525, Take Profit 2–22.030.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 82.900-83.700. 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 83.400-83.800 and 82.100-82.500. 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 03.11.2023.

• Quotation of the lower boundary of the zone 1/4–81.505.

• Quotation of the lower boundary of the zone 1/2–83.155.

• Intraday objectives: update the highs from 03.11.2023–79.855.

• Medium-term objectives: test the higher bound of SWCZ-76.405.

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

• Sell: 81.505–83.155, Take Profit 1–79.855, Take Profit 2–76.405.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)