Short-term analysis for oil, gold, and EURUSD for 04.02.2022

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.

Yesterday the gold price sharply declined, and February 2 low was updated.

Oil price forecast for today: USCrude analysis

As part of yesterday's correction, the traders failed to reach the Intermediary Zone 85.66 – 85.35. As a result, the upward impulse continued and the Additional Zone 87.54 – 87.38 was broken out. After this, the buyers updated the February 2 high and… Read full author’s opinion and review in blog of #LiteForex