GOLD, SILVER, WTI | 07 October 2022

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1655.45-1668.60. Currently, the GOLD 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 1658.90-1660.78. 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 30.09.2022.

• Quotation of the higher boundary of the zone 1/4–1661.80.

• Quotation of the higher boundary of the zone 1/2–1647.50.

• Intraday objectives: update the highs from 30.09.2022–1676.00.

• Medium-term objectives: test the lower bound of GWCZ–1699.30.

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

• Buy: 1647.50–1661.80, Take Profit 1–1676.00, Take Profit 2–1699.30.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 18.522-18.816. At the moment, the SILVER 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 18.584-18.683. 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 30.09.2022.

• Quotation of the higher boundary of the zone 1/4–18.931.

• Quotation of the higher boundary of the zone 1/2–18.556.

• Intraday objectives: update the highs from 30.09.2022–19.306.

• Medium-term objectives: test the lower bound of WCZ–19.401.

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

• Buy: 18.556–18.931, Take Profit 1–19.306, Take Profit 2–19.401.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 85.783-86.971. 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 77.542-77.947. 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 29.09.2022.

• Quotation of the higher boundary of the zone 1/4–80.258.

• Quotation of the higher boundary of the zone 1/2–78.148.

• Intraday objectives: update the highs from 29.09.2022–82.368.

• Medium-term objectives: test the higher bound of WCZ-84.528.

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

• Buy: 78.148-80.258, Take Profit 1-82.368, Take Profit 2-84.528.