Short-term analysis for oil, gold, and EURUSD for 07.06.2024

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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.

Oil corrected to the resistance area (A).

Oil price forecast for today: USCrude analysis

Yesterday, oil quotes corrected to the resistance area (A) 75.74 – 75.44. Bears managed to hold the price below this zone. Today, consider short trades in this area with the first target at 74.10 and the second target at the June 4 low. If the price declines below… Read full author’s opinion and review in blog of #LiteFinance

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