Analysis for oil, gold, and EUR/USD for 13.04.2020
USCrude – oil
Oil middle-term uptrend continues. The buy target in the trend is Target Zone 2 [30.75 – 30.19].
The trend key support is in the zone of [23.29 – 22.73]. The price is now testing this support. It is time to look for buy entries.
The short-term is down. The price reached Target Zone [23.29 – 22.73] in the downtrend. The trading idea to sell oil in the zone of [25.81 – 26.86] has worked out.
It will be relevant to sell again when Target Zone is broken out downside. In this case, the target will be Gold…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>
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