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 1960.00-1975.00. At the moment, the GOLD 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 1967.00-1972.00 и 1933.00-1937.00. 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 23.06.2023.

• Quotation of the lower boundary of the zone 1/4–1930.32.

• Quotation of the lower boundary of the zone 1/2–1951.02.

• Intraday objectives: update the lows from 23.06.2023–1909.52.

• Medium-term objectives: test the lower bound of GWCZ–1884.72.

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

• Sell: 1930.32-1951.02, Take Profit 1–1909.52, Take Profit 2–1884.72.


• XAGUSD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 22.400-22.650. At the moment, the SILVER is trading higher, indicating the weakness of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 23.150-23.250. At the moment, the SILVER is trading higher, indicating the weakness 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 23.06.2023.

• Quotation of the lower boundary of the zone 1/4–22.579.

• Quotation of the lower boundary of the zone 1/2–23.054.

• Intraday objectives: update the lows from 23.06.2023–22.104.

• Medium-term objectives: test the higher bound of GWCZ–21.749.

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

• Sell: 22.579-23.054, Take Profit 1–22.104, Take Profit 2–21.749.


• WTI

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 70.700-71.400. 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 72.450-72.650. 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 23.06.2023.

• Quotation of the lower boundary of the zone 1/4–68.826.

• Quotation of the lower boundary of the zone 1/2–70.276.

• Intraday objectives: update the highs from 23.06.2023–67.376.

• Medium-term objectives: test the higher bound of GWCZ-64.046.

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

• Sell: 68.826–70.276, Take Profit 1–67.376, Take Profit 2–64.046.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)