GOLD, SILVER, WTI | 13 October 2023

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1930.00-1935.00. At the moment, the GOLD is trading lower, indicating the strength of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1930.00-1935.00 and 1818.00-1822.00. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

• 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 06.10.2023.

• Quotation of the lower boundary of the zone 1/4–1828.65.

• Quotation of the lower boundary of the zone 1/2–1848.15.

• Intraday objectives: update the lows from 06.10.2023–1809.15.

• Medium-term objectives: test the lower bound of SWCZ–1799.85.

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

• Sell: 1828.65-1848.15, Take Profit 1–1809.15, Take Profit 2–1799.85.

• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 23.100-23.300. 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 20.900-21.000. 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 09.10.2023.

• Quotation of the higher boundary of the zone 1/4–21.603.

• Quotation of the higher boundary of the zone 1/2–21.203.

• Intraday objectives: update the highs from 09.10.2023–22.003.

• Medium-term objectives: test the lower bound of WCZ–22.273.

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

• Buy: 21.203–21.603, Take Profit 1–22.003, Take Profit 2–22.273.

• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 88.500-89.100. At the moment, the WTI is trading lower, indicating the strength of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 87.300-87.900 and 81.100-81.700. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.

• 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 06.10.2023.

• Quotation of the lower boundary of the zone 1/4–82.270.

• Quotation of the lower boundary of the zone 1/2–83.920.

• Intraday objectives: update the highs from 06.10.2023–80.620.

• Medium-term objectives: test the higher bound of SWCZ-79.700.

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

• Sell: 82.270–83.920, Take Profit 1–80.620, Take Profit 2–79.700.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)