GOLD, SILVER, WTI | 30 October 2020

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1941.50-1949.70. At the moment, the GOLD 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 1880.90-1885.70. 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 12.10.2020.

• Quotation of the higher boundary of the zone 1/4–1908.34.

• Quotation of the higher boundary of the zone 1/2–1879.54.

• Intraday objectives: update the highs from 12.10.2020–1937.04.

• Medium-term objectives: test the lower bound of WCZ–1963.64.

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

• Buy: 1879.54-1908.34, Take Profit 1–1937.04, Take Profit 2–1963.64.

• SILVER

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 26.700-27.200. 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 23.700-23.850. 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 12.10.2020.

• Quotation of the higher boundary of the zone 1/4–24.699.

• Quotation of the higher boundary of the zone 1/2–23.849.

• Intraday objectives: update the highs from 12.10.2020–25.549.

• Medium-term objectives: test the lower bound of GWCZ–26.749.

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

• Buy: 23.849-24.699, Take Profit 1–25.549, Take Profit 2–26.749.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 40.930-41.190. At the moment, the WTI 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 40.950-41.170. At the moment, the WTI is trading lower, indicating the strength of sellers.

• 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 20.10.2020.

• Quotation of the higher boundary of the zone 1/4–40.633.

• Quotation of the higher boundary of the zone 1/2–39.353.

• Intraday objectives: update the highs from 20.10.2020–41.903.

• Medium-term objectives: test the higher bound of WCZ-42.033.

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

• Buy: 39.353-40.633, Take Profit 1-41.903, Take Profit 2-42.033.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)