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Gold XAUUSD tested & held the buying opportunity at 1997/1992 but we have not seen a recovery yet. Longs need stops below 1988.


Our longs can target 2002 & 2008. A break above 2010 targets 2020. Eventually 2030 is certainly possible. 2037/40 is not out of the question in November.

A break below 1988 however targets 1980/75, perhaps as far as 1964/61.

daily analysis by daytradeideas 31 10 2023 grafika numer 1daily analysis by daytradeideas 31 10 2023 grafika numer 1

Silver XAGUSD should have strong support at 2300/2290 if we see any correction to the downside. Longs need stops below 2280.

daily analysis by daytradeideas 31 10 2023 grafika numer 2daily analysis by daytradeideas 31 10 2023 grafika numer 2

WTI Crude December futures still trading around the same prices as we were back in early August. Four weeks ago we made a range of 8150 - 9188 & we have held within this range for the last 3 weeks.

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We are down 300-350 ticks then up and down the same amount every day for 5 days. This is crazy. The lower end of the range is 8250/8150. A break lower targets 8080/8060 & 7970/60, perhaps as far as 7850/20.

We have held minor resistance at 8540/80 over the past week. Above 8600 targets 8650/80. Above 8700 look for 8810/40.

daily analysis by daytradeideas 31 10 2023 grafika numer 3daily analysis by daytradeideas 31 10 2023 grafika numer 3


Jason Sen

Jason Sen

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason used technical analysis throughout his trading career and formed Daytrdeideas.co.uk which established itself as the leading provider of daily technical analysis to independent and professional traders within the investment bank community. He advises dozens of traders at up to 15 major investment banks and hedge funds on market movement throughout each trading day on The Bloomberg Professional® service. Jason Sen also provides trade ideas with entry, exit and target levels on Telegram & in daily reports to retail traders. daytradeideas.co.uk


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