Short-term analysis for oil, gold, and EURUSD for 05.06.2024

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I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

Yesterday, oil broke through the Gold Zone 73.81 – 73.48.

Oil price forecast for today: USCrude analysis

Yesterday, oil broke through the Gold Zone 73.81 – 73.48. The next bearish target is within the Target Zone 2, 71.11 – 70.51. Short trades can be opened on the correction from the resistance (A) 75.74 – 75.44 and resistance (B) 77.39 – 76.94…. Read full author’s opinion and review in blog of #LiteFinance

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