Analysis for oil, gold, and EUR/USD for 09.06.2020

USCrude – oil 

Oil is rising in the medium-term uptrend, whose 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 was corrected down to the strong support zone Additional Zone [37.76 – 37.54] yesterday. Today, buyers are holding this price zone up, so, it is relevant to enter purchases according to the pattern with a target at…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>