Short-term analysis for oil, gold, and EURUSD for 16.11.2023

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 is trading down in the short term.

Oil price forecast for today: USCrude analysis

Following the correction up to the trend key resistance 80.38 – 79.85, the short-term downtrend continued. The downside target is the low of November 8. When the low of November 8 is broken through, the next target will be Target Zone 2, 73.11 – 72.45.

Today, it… Read full author’s opinion and review in blog of #LiteFinance