GOLD, SILVER, WTI | 25 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. 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 1954.49-19458.31. At the moment, the GOLD is trading lower, indicating the weakness 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 16.09.2020.

• Quotation of the higher boundary of the zone 1/4–1953.65.

• Quotation of the higher boundary of the zone 1/2–1930.35.

• Intraday objectives: update the highs from 16.09.2020–1976.85.

• Medium-term objectives: test the lower bound of WCZ–1997.75.

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

• Buy: 1930.35-1953.65, Take Profit 1–1976.85, Take Profit 2–1997.75.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 26.656-27.020. 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 1/4–26.473.

• Quotation of the higher boundary of the zone 1/2–27.135.

• Intraday objectives: update the lows from 08.09.2020–25.810.

• Medium-term objectives: test the higher bound of GWCZ–25.085.

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

• Sell: 26.473-27.135, Take Profit 1–25.810, Take Profit 2–25.085.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 41.033-41.442. 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 41.025-41.277. Currently, the WTI 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 18.09.2020.

• Quotation of the higher boundary of the zone 1/4–40.342.

• Quotation of the higher boundary of the zone 1/2–38.962.

• Intraday objectives: update the highs from 18.09.2020–41.712.

• Medium-term objectives: test the higher bound of WCZ-41.852.

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

• Buy: 38.962-40.342, Take Profit 1-41.712, Take Profit 2-41.852.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)