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.
Gold maintains a correction.
Oil price forecast for today: USCrude analysis
Yesterday, oil broke through the resistance (A) 75.74 – 75.44 and reached the resistance (B) 77.39 – 76.94. The resistance (B) offers the boundary of the short-term downtrend. Hence, short trades can be considered according to the pattern with the first target at 74.92.
If oil breaches the resistance (B)… Read full author’s opinion and review in blog of #LiteFinance
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