GOLD, SILVER, WTI | 18 September 2020

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1940.16-1945.25. 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. At the moment, the GOLD 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 08.09.2020.

• Quotation of the lower boundary of the zone 1/4–1927.02.

• Quotation of the lower boundary of the zone 1/2–1950.22.

• Intraday objectives: update the lows from 08.09.2020–1903.72.

• Medium-term objectives: test the lower bound of WCZ–1900.22.

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

• Sell: 1927.02-1950.22, Take Profit 1–1903.72, Take Profit 2–1900.22.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 26.661-26.878. 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 26.534-27.721. 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 08.09.2020.

• Quotation of the higher boundary of the zone 1/4–26.445.

• Quotation of the higher boundary of the zone 1/2–27.107.

• Intraday objectives: update the lows from 08.09.2020–25.782.

• Medium-term objectives: test the higher bound of GWCZ–25.057.

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

• Sell: 26.445-27.107, Take Profit 1–25.782, Take Profit 2–25.057.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 43.113-43.391. At the moment, the WTI 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 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 08.09.2020.

• Quotation of the lower boundary of the zone 1/4–37.902

• Quotation of the lower boundary of the zone 1/2–39.452.

• Intraday objectives: update the highs from 08.09.2020–36.352.

• Medium-term objectives: test the higher bound of GWCZ-34.702.

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

• Sell: 37.902-39.452, Take Profit 1-36.352, Take Profit 2-34.702.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)