GOLD, SILVER, WTI | 04 September 2020

• GOLD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1935.88-1942.52. 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 1935.64-1940.69. 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 27.08.2020.

• Quotation of the higher boundary of the zone 1/4–1955.61.

• Quotation of the higher boundary of the zone 1/2–1932.31.

• Intraday objectives: update the highs from 27.08.2020–1978.81.

• Medium-term objectives: test the lower bound of WCZ–1993.21.

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

• Buy: 1932.31-1955.61, Take Profit 1–1978.81, Take Profit 2–1993.21.

• SILVER

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 27.252-27.552. At the moment, the SILVER 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 27.382-27.512. 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 31.08.2020.

• Quotation of the higher boundary of the zone 1/4–27.436.

• Quotation of the higher boundary of the zone 1/2–26.773.

• Intraday objectives: update the highs from 31.08.2020–28.098.

• Medium-term objectives: test the lower bound of WCZ–28.573.

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

• Buy: 26.773-27.436, Take Profit 1–28.098, Take Profit 2–28.573.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 42.677-43.117. At the moment, the WTI 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 40.357-40.590. 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 26.08.2020.

• Quotation of the higher boundary of the zone 1/4–42.319.

• Quotation of the higher boundary of the zone 1/2–40.769.

• Intraday objectives: update the highs from 26.08.2020–43.869.

• Medium-term objectives: test the higher bound of GWCZ-45.049.

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

• Buy: 40.769-42.319, Take Profit 1-43.869, Take Profit 2-45.049.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)