GOLD, SILVER, WTI | 11 September 2020

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1931.74-1937.80. Currently, the GOLD 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 1933.36-1936.55. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

• 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 04.09.2020.

• Quotation of the lower boundary of the zone 1/4–1938.65.

• Quotation of the lower boundary of the zone 1/2–1961.85.

• Intraday objectives: update the lows from 04.09.2020–1915.35.

• Medium-term objectives: test the lower bound of WCZ–1901.95.

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

• Sell: 1938.65-1961.85, Take Profit 1–1915.35, Take Profit 2–1901.95.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 26.453-26.765. At the moment, the SILVER is trading higher, indicating the strength of buyers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 26.627-27.721. 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 21.08.2020.

• Quotation of the higher boundary of the zone 1/4–26.898.

• Quotation of the higher boundary of the zone 1/2–27.560.

• Intraday objectives: update the lows from 21.08.2020–26.235.

• Medium-term objectives: test the higher bound of GWCZ–25.040.

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

• Sell: 26.898-27.560, Take Profit 1–26.235, Take Profit 2–25.040.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 43.049-43.279. 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 43.173-43.341. 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 07.09.2020.

• Quotation of the lower boundary of the zone 1/4–40.302

• Quotation of the lower boundary of the zone 1/2–41.852.

• Intraday objectives: update the highs from 07.09.2020–38.752.

• Medium-term objectives: test the higher bound of WCZ-37.782.

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

• Sell: 40.302-41.852, Take Profit 1-38.752, Take Profit 2-37.782.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)