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

• XAUUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1920.00-1930.00. Currently, the GOLD is trading within the specified range, indicating a temporary uncertainty.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1921.00-1925.00. Currently, the GOLD 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 14.09.2023.

• Quotation of the lower boundary of the zone 1/4–1921.55.

• Quotation of the lower boundary of the zone 1/2–1941.05.

• Intraday objectives: update the lows from 14.09.2023–1902.05.

• Medium-term objectives: test the lower bound of GWCZ–1877.55.

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

• Sell: 1921.55-1941.05, Take Profit 1–1902.05, Take Profit 2–1877.55.


• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.950-23.100. At the moment, the SILVER 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 23.120-23.220. 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 22.09.2023.

• Quotation of the higher boundary of the zone 1/4–23.357.

• Quotation of the higher boundary of the zone 1/2–22.957.

• Intraday objectives: update the highs from 22.09.2023–23.757.

• Medium-term objectives: test the lower bound of GWCZ–24.662.

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

• Buy: 22.957–23.357, Take Profit 1–23.757, Take Profit 2–24.662.


• WTI

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 89.500-90.100. Currently, the WTI 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 90.300-90.800. At the moment, the WTI is trading lower, indicating the weakness 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 19.09.2023.

• Quotation of the higher boundary of the zone 1/4–90.283.

• Quotation of the higher boundary of the zone 1/2–88.633.

• Intraday objectives: update the highs from 19.09.2023–91.933.

• Medium-term objectives: test the higher bound of GWCZ-93.323.

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

• Buy: 88.633-90.283, Take Profit 1-91.933, Take Profit 2-93.323.

 

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)