Short-term analysis for oil, gold, and EURUSD for 11.01.2024

BY admin admin

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 oil price is trading in a flat.

Oil price forecast for today: USCrude analysis

The oil price is trading in a flat between resistance 74.81 – 74.31 and support 71.26 – 70.76. In such a situation, it is profitable to enter purchases in the support zone and sell in the resistance zone.

If the price consolidates above the resistance, the growth… Read full author’s opinion and review in blog of #LiteFinance

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