Short-term Analysis for Oil, Gold, and EURUSD for 08.07.2024

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.

The oil price is trading in a downward correction with the target at the support (A).

Highlights and key points

USCrude: Oil is correcting downward with the target at the support (A). Consider long trades from this zone with the target at the July 5 high.

XAUUSD: Gold’s short-term downtrend has reversed. The quotes will likely grow to the target of… Read full author’s opinion and review in blog of #LiteFinance

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