Analysis for oil, gold, and EUR/USD for 08.06.2020

USCrude – oil 

Oil is trading in the middle-term uptrend. The target is to test the resistance Target Zone 5 [41.67 – 40.92]. There are just a few points left before reaching the zone. After it is achieved, there may start a correction.

The trend key support is now in the zone of [31.01 — 30.11].

The short-term trend is up. The price broke out Gold Zone 4 [37.54 – 37.17] last Friday. The next upside target is Target Zone 5 [41.67 – 40.92].

The price is now starting a correction. The first target of the correction will be Additional…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>