Analysis for oil, gold, and EUR/USD for 02.04.2020

Gold price is being corrected down in the middle-term uptrend, it is now approaching the key support [1561.1 – 1552.8]

USCrude – oil

Oil is trading according to the scenario I suggested in the previous trading recommendations. The buy target is Target Zone [25.15 – 24.59]. I recommend holding up trades up to the target, the stop loss is below yesterday’s low.

It is clear from the short-term chart that Intermediary Zone [22.07 – 21.79] has been tested. This zone is the border of the short-term downtrend. If it is held down, the trend will continue and the low of…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>