GOLD, SILVER, WTI | 29 October 2021

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1753.45-1762.44. 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 1782.08-1786.24. 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 22.10.2021.

• Quotation of the higher boundary of the zone 1/4–1795.78.

• Quotation of the higher boundary of the zone 1/2–1776.98.

• Intraday objectives: update the highs from 22.10.2021–1814.48.

• Medium-term objectives: test the lower bound of GWCZ–1832.58.

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

• Buy: 1776.98-1795.78, Take Profit 1–1814.48, Take Profit 2–1832.58.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.399-22.685. At the moment, the SILVER is trading higher, indicating the weakness of sellers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 22.449-22.576. 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 22.10.2021.

• Quotation of the higher boundary of the zone 1/4–24.208.

• Quotation of the higher boundary of the zone 1/2–23.583.

• Intraday objectives: update the highs from 22.10.2021–24.843.

• Medium-term objectives: test the lower bound of GWCZ–25.083.

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

• Buy: 23.583-24.208, Take Profit 1–24.843, Take Profit 2–25.083.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 82.085-83.103. 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 82.276-82.815. 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 25.10.2021.


• Quotation of the higher boundary of the zone 1/4–83.080.

• Quotation of the higher boundary of the zone 1/2–81.800.

• Intraday objectives: update the highs from 25.10.2021–84.350.

• Medium-term objectives: test the higher bound of SWCZ-86.200.

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

• Buy: 81.800-83.080, Take Profit 1-84.350, Take Profit 2-86.200.