GOLD, SILVER, WTI | 25 October 2019

• GOLD


• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1504.90-1511.37. 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 1506.61-1508.80. 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 11.10.2019.


• Quotation of the lower boundary of the zone 1/4–1485.73.


• Quotation of the lower boundary of the zone 1/2–1496.93.


• Intraday objectives: update the lows from 11.10.2019–1474.43.


• Medium-term objectives: test the higher bound of GWCZ–1454.73.GOLD, SILVER, WTI


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


• Sell: 1485.73-1496.93, Take Profit 1–1474.43, Take Profit 2–1454.73.




• SILVER




Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.459-17.573 and 17.831-17.890. Currently, the SILVER is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 17.477-17.517. Currently, the SILVER 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 16.10.2019.


• Quotation of the lower boundary of the zone 1/4–17.405.


• Quotation of the lower boundary of the zone 1/2–17.665.


• Intraday objectives: update the lows from 16.10.2019–17.145.


• Medium-term objectives: test the highs bound of WCZ–16.925.GOLD, SILVER, WTI


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


• Sell: 17.405-17.665, Take Profit 1–17.145, Take Profit 2–16.925.




• WTI


• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 53.458-54.013. Currently, the WTI is trading within the specified range, indicating a temporary uncertainty.GOLD, SILVER, WTI


• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 52.596-53.144. 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 11.10.2019.


• Quotation of the higher boundary of the zone 1/4–53.871.


• Quotation of the higher boundary of the zone 1/2–52.741.


• Intraday objectives: update the highs from 11.10.2019–54.991.


• Medium-term objectives: test the lower bound of WCZ-55.551.GOLD, SILVER, WTI


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


• Buy: 52.741-53.871, Take Profit 1-54.991, Take Profit 2-55.551.


• 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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