GOLD, SILVER, WTI | 01 November 2019

• GOLD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1505.27-1511.17. 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 1490.80-1492.89. 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 25.10.2019.

• Quotation of the higher boundary of the zone 1/4–1506.94.

• Quotation of the higher boundary of the zone 1/2–1495.64.

• Intraday objectives: update the highs from 25.10.2019–1518.14.

• Medium-term objectives: test the lower bound of WCZ–1520.24.

• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1495.64-1506.94, Take Profit 1–1518.14, Take Profit 2–1520.24.

• SILVER

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 17.504-17.575. 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 17.518-17.570. 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 25.10.2019.

• Quotation of the higher boundary of the zone 1/4–18.063.

• Quotation of the higher boundary of the zone 1/2–17.803.

• Intraday objectives: update the highs from 25.10.2019–18.323.

• Medium-term objectives: test the lower bound of GWCZ–18.713.

• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 17.803-18.063, Take Profit 1–18.323, Take Profit 2–18.713.

• WTI

• Long-term trend: long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 53.275-53.625. At the moment, the WTI 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 53.424-53.597. 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 28.10.2019.

• Quotation of the higher boundary of the zone 1/4–55.742.

• Quotation of the higher boundary of the zone 1/2–54.662.

• Intraday objectives: update the highs from 28.10.2019–56.734.

• Medium-term objectives: test the lower bound of GWCZ-57.402.

• Trading recommendations: buys from the range of favorable in the formation of a reversal pattern.
• Buy: 54.662-55.742, Take Profit 1-56.734, Take Profit 2-57.402.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

• TRADE METALS WITHOUT SWAPS!