Short-term Analysis for Oil, Gold, and EURUSD for 23.08.2024

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 traded in a downward correction.

Highlights and key points

USCrude: oil is maintaining an upward correction. The potential targets of the correction are the resistance (A) or resistance (B). Short trades can be considered after reaching these zones.

XAUUSD: gold is trading in a downward correction within the short-term uptrend. The asset tested the support (A) yesterday. Consider long… Read full author’s opinion and review in blog of #LiteFinance

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