Analysis for oil, gold, and EUR/USD for 09.04.2020

USCrude – oil

Oil middle-term uptrend continues. Buy target in the trend is Target Zone 2 [30.75 – 30.19]. 

The trend key support is in the range of [23.29 – 22.73]. Expect the price to enter the zone of good buy prices and look for a pattern to open long position.

The short-term trend is yet down. The price was being corrected up yesterday. At the end of the US session, the price approached the trend key resistance [26.86 – 26.54].

Today, I suggest looking for sell entries according to the pattern in the zone of [25.81 – 26.86]. The…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>