• GOLD
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1502.71-1509.45. 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 1498.81-1501.72. 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 03.10.2019.
• Quotation of the higher boundary of the zone 1/4–1508.89.
• Quotation of the higher boundary of the zone 1/2–1497.59.
• Intraday objectives: update the highs from 03.10.2019–1520.09.
• Medium-term objectives: test the lower bound of GWCZ–1526.79.
• Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful buys from the range of favorable prices 1497.59-1508.89 in the formation of a reversal pattern.
• Buy: 1497.59-1508.89, Take Profit 1–1520.09, Take Profit 2–1526.79.
• SILVER
Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.837-18.136. 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 17.524-17.618. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.
• 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 03.10.2019.
• Quotation of the higher boundary of the zone 1/4–17.525.
• Quotation of the higher boundary of the zone 1/2–17.265.
• Intraday objectives: update the lows from 03.10.2019–17.785.
• Medium-term objectives: test the highs bound of WCZ–17.920.
• Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to buy, I recommend staying out of the market or very careful buys from the range of favorable prices 17.265-17.525 in the formation of a reversal pattern.
• Buy: 17.265-17.525, Take Profit 1–17.785, Take Profit 2–17.920.
• WTI
• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 58.034-58.561. 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 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 03.10.2019.
• Quotation of the lower boundary of the zone 1/4–52.031.
• Quotation of the lower boundary of the zone 1/2–53.151.
• Intraday objectives: update the lows from 03.10.2019–50.901.
• Medium-term objectives: test the higher bound of SWCZ-49.531.
• Trading recommendations: sells from the range of favorable 52.031-53.151 in the formation of a reversal pattern.
• Sell: 52.031-53.151, Take Profit 1-50.901, Take Profit 2-49.531.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)