GOLD, SILVER, WTI | 08 September 2023

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1940.00-1950.00. 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 1917.00-1921.00. 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 01.09.2023.

• Quotation of the higher boundary of the zone 1/4–1933.23.

• Quotation of the higher boundary of the zone 1/2–1921.43.

• Intraday objectives: update the highs from 01.09.2023–1953.93.

• Medium-term objectives: test the lower bound of WCZ–1970.33.

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

• Buy: 1921.43–1933.23, Take Profit 1–1953.93, Take Profit 2–1970.33.

• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 24.100-24.250. Currently, the SILVER 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 24.100-24.200 and 24.600-24.700. 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 30.08.2023.

• Quotation of the higher boundary of the zone 1/4–24.626.

• Quotation of the higher boundary of the zone 1/2–24.201.

• Intraday objectives: update the highs from 30.08.2023–25.051.

• Medium-term objectives: test the lower bound of SWCZ–25.611.

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

• Buy: 24.201–24.626, Take Profit 1–25.051, Take Profit 2–25.611.

• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 79.600-80.100. At the moment, the WTI is trading higher, indicating the strength of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 79.500-80.250. 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 04.09.2023.

• Quotation of the higher boundary of the zone 1/4–83.962.

• Quotation of the higher boundary of the zone 1/2–82.310.

• Intraday objectives: update the highs from 04.09.2023–85.610.

• Medium-term objectives: test the higher bound of GWCZ-87.010.

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

• Buy: 82.310-83.962, Take Profit 1-85.610, Take Profit 2-87.010.