GOLD, SILVER, WTI | 22 September 2023

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1920.00-1930.00. 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 1919.00-1923.00. 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 14.09.2023.

• Quotation of the lower boundary of the zone 1/4–1919.73.

• Quotation of the lower boundary of the zone 1/2–1939.23.

• Intraday objectives: update the lows from 14.09.2023–1900.23.

• Medium-term objectives: test the lower bound of GWCZ–1875.73.

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

• Sell: 1919.73-1939.23, Take Profit 1–1900.23, Take Profit 2–1875.73.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.000-23.200. 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 and 23.000-23.150. At the moment, the SILVER 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 14.09.2023.

• Quotation of the lower boundary of the zone 1/4–22.670.

• Quotation of the lower boundary of the zone 1/2–23.070.

• Intraday objectives: update the lows from 14.09.2023–22.270.

• Medium-term objectives: test the higher bound of SWCZ–21.940.

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

• Sell: 22.670-23.070, Take Profit 1–22.270, Take Profit 2–21.940.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 79.200-79.900. 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 86.300-86.800 and 88.000-88.500. 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 15.09.2023.

• Quotation of the higher boundary of the zone 1/4–88.839.

• Quotation of the higher boundary of the zone 1/2–87.189.

• Intraday objectives: update the highs from 15.09.2023–90.489.

• Medium-term objectives: test the higher bound of GWCZ-93.749.

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

• Buy: 87.189-88.839, Take Profit 1-90.489, Take Profit 2-93.749.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)