Short-term forecast for oil, gold, and EURUSD for 18.01.2021

I welcome my fellow traders! I have made a price forecast for US Crude, 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 price continues to trade in the accumulation zone [1859 – 1816].

Oil price forecast for today: USCrude analysis

Oil is trying to consolidate below the local low of last week at 52.27 in the medium-term chart. If the bears succeed, then a pattern to work in correction with the target at the trend key support  [49.39 – 48.94] will be formed.

The… Read full author’s opinion and review in blog of #LiteForex