Short-term Analysis for Oil, Gold, and EURUSD for 09.07.2024

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 euro is trying to continue its short-term uptrend.

Highlights and key points

USCrude: Oil is still trading in a downward correction, targeting the 81.19 – 80.92 area. Once the price reaches this zone, consider long trades.

XAUUSD: Gold is correcting downward. The target of the correction may be the 2342 – 2337 area. After the price hits this zone, long… Read full author’s opinion and review in blog of #LiteFinance

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