Short-term Analysis for Oil, Gold, and EURUSD for 26.08.2024

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.

Oil has reached the resistance (A) 74.98 – 74.65.

Highlights and key points

USCrude: oil is trading in an upward correction. The asset has reached the resistance (A) 74.98 – 74.65. Short trades can be considered near this zone.

XAUUSD: gold is trying to break through the Target Zone 2529 – 2514 within a short-term uptrend. If the price breaches this… Read full author’s opinion and review in blog of #LiteFinance

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