GOLD, SILVER, WTI | 09 October 2020

• GOLD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1941.50-1949.70. At the moment, the GOLD 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 1892.50-1895.90. 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 02.10.2020.

• Quotation of the higher boundary of the zone 1/4–1891.70.

• Quotation of the higher boundary of the zone 1/2–1865.40.

• Intraday objectives: update the highs from 02.10.2020–1918.22.

• Medium-term objectives: test the lower bound of WCZ–1950.62.

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

• Buy: 1865.40-1891.70, Take Profit 1–1918.22, Take Profit 2–1950.62.

• SILVER

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 26.700-27.200. 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 27.382-27.512. 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 29.09.2020.

• Quotation of the higher boundary of the zone 1/4–23.658.

• Quotation of the higher boundary of the zone 1/2–22.908.

• Intraday objectives: update the highs from 29.09.2020–24.408.

• Medium-term objectives: test the lower bound of WCZ–24.673.

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

• Buy: 22.90823.658, Take Profit 1–24.408, Take Profit 2–24.673.

• WTI

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 39.900-40.200. 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 39.900-40.100. 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 02.10.2020.

• Quotation of the lower boundary of the zone 1/4–38.145.

• Quotation of the lower boundary of the zone 1/2–39.515.

• Intraday objectives: update the highs from 02.10.2020–36.791.

• Medium-term objectives: test the higher bound of WCZ-36.381.

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

• Sell: 38.145-39.515, Take Profit 1-36.791, Take Profit 2-36.381.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)