Analysis for oil, gold, and EUR/USD for 02.06.2020

USCrude – oil 

Oil traders are trying to consolidate the price above Target Zone 4 [34.17 — 33.42]. If they succeed, the next target will be Target Zone 5 [41.67 – 40.92]. The trend key support is in the zone of [25.98 – 25.08], there yet no signs of a correction…

Oil short-term trend is up. It is clear from the short-term chart that bulls re holding the price a little higher than Target Zone 4 [34.17 – 33.42]. The US session closed the price above the resistance. Therefore, the price can reach Gold Zone 4 [37.53 – 37.16 today….<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>