Weekly analytics- Analysis of margin levels – GOLD, SILVER, WTI

• XAUUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1712.67-1723.37. At the moment, the GOLD is trading higher, indicating the weakness of sellers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1716.83-1719.92 and 1741.23-1744.30. 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 01.08.2022.

• Quotation of the higher boundary of the zone 1/4–1759.25.

• Quotation of the higher boundary of the zone 1/2–1742.95.

• Intraday objectives: update the highs from 01.08.2022–1775.45.

• Medium-term objectives: test the lower bound of SWCZ–1809.95.

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

• Buy: 1742.95–1759.25, Take Profit 1–1775.45, Take Profit 2–1809.95.


• XAGUSD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 19.133-19.344. At the moment, the SILVER is trading higher, indicating the weakness of sellers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 18.653-18.748 and 20.175-20.236. 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 01.08.2022.

• Quotation of the higher boundary of the zone 1/4–20.128.

• Quotation of the higher boundary of the zone 1/2–19.753.

• Intraday objectives: update the highs from 01.08.2022–20.503.

• Medium-term objectives: test the lower bound of WCZ–21.003.

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

• Buy: 19.753–20.128, Take Profit 1–20.503, Take Profit 2–21.003.