GOLD, SILVER, WTI | 04 October 2019

• GOLD


Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1502.19-1508.57. At the moment, the GOLD is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1504.51-1508.91. At the moment, the GOLD 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 27.09.2019.


• Quotation of the lower boundary of the zone 1/4–1498.05.


• Quotation of the lower boundary of the zone 1/2–1509.25.


• Intraday objectives: update the lows from 27.09.2019–1486.75.


• Medium-term objectives: test the higher bound of GWCZ–1469.25.GOLD, SILVER, WTI


• Trading recommendations: sells from the range of favorable prices 1498.05-1509.25 in the formation of a reversal pattern.


• Sell: 1498.05-1509.25, Take Profit 1–1486.75, Take Profit 2–1469.25.




• SILVER




Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.855-18.134. At the moment, the SILVER is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 17.875-17.935. At the moment, the SILVER is trading lower, indicating the strength of sellersю


• 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 27.09.2019.


• Quotation of the lower boundary of the zone 1/4–17.521.


• Quotation of the lower boundary of the zone 1/2–17.766.


• Intraday objectives: update the lows from 27.09.2019–17.276.


• Medium-term objectives: test the lower bound of SWCZ–16.781.GOLD, SILVER, WTI


• Trading recommendations: sells from the range of favorable prices 17.521-17.766 in the formation of a reversal pattern.


• Sell: 17.521-17.766, Take Profit 1–17.276, Take Profit 2–16.781.




• WTI


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 58.034-58.577. At the moment, the WTI is trading lower, indicating the strength of sellers.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 58.044-58.591. At the moment, the WTI 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 27.9.2019.


• Quotation of the lower boundary of the zone 1/4–55.790.


• Quotation of the lower boundary of the zone 1/2–56.910.


• Intraday objectives: update the lows from 27.09.2019–54.660.


• Medium-term objectives: test the higher bound of SWCZ-54.030.GOLD, SILVER, WTI


• Trading recommendations: sells from the range of favorable 55.790-56.910 in the formation of a reversal pattern.


• Sell: 55.790-56.910, Take Profit 1-54.660, Take Profit 2-54.030.


• WCZ (weekly control zone)


• GWCZ (golden weekly control zone)


• SWCZ (silver weekly control zone)


• TRADE METALS WITHOUT SWAPS!

 

James Hoggarth
Analyst of FreshForex
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