GOLD, SILVER, WTI | 18 October 2019

• GOLD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1502.71-1509.45. At the moment, the GOLD is trading lower, indicating the strength of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1505.41-1508.80. 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 11.10.2019.

• Quotation of the lower boundary of the zone 1/4–1484.94.

• Quotation of the lower boundary of the zone 1/2–1496.14.

• Intraday objectives: update the lows from 11.10.2019–1473.64.

• Medium-term objectives: test the higher bound of GWCZ–1453.94.

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

• Sell: 1484.94-1496.14, Take Profit 1–1473.64, Take Profit 2–1453.94.

• SILVER

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.868-18.127. At the moment, the SILVER 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 17.524-17.618. Currently, the SILVER 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 09.10.2019.

• Quotation of the higher boundary of the zone 1/4–17.698.

• Quotation of the higher boundary of the zone 1/2–17.438.

• Intraday objectives: update the lows from 09.10.2019–17.958.

• Medium-term objectives: test the highs bound of GWCZ–18.458.

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

• Buy: 17.438-17.698, Take Profit 1–17.958, Take Profit 2–18.458.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 58.038-58.722 and 52.278-52.821. Currently, the WTI 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 52.437-53.144. 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 11.10.2019.

• Quotation of the higher boundary of the zone 1/4–53.835.

• Quotation of the higher boundary of the zone 1/2–52.705.

• Intraday objectives: update the highs from 11.10.2019–54.964.

• Medium-term objectives: test the lower bound of WCZ-55.515.

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

• Buy: 52.705-53.835, Take Profit 1-54.964, Take Profit 2-55.515.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

• TRADE METALS WITHOUT SWAPS!