Short-term Analysis for Oil, Gold, and EURUSD for 06.09.2024

1 min read

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, the euro reached the resistance (A) 1.1118 – 1.1110.

Highlights and key points

USCrude: oil is testing the lower Target Zone 68.85 – 67.86. The price has not breached this zone. Thus, an upward correction may start.

XAUUSD: gold is again testing the resistance, the Target Zone 2529 – 2514. If the asset breaks through this area, the price may… Read full author’s opinion and review in blog of #LiteFinance

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