Analysis for oil, gold, and EUR/USD for 21.05.2020

USCrude – oil 

Oil price continues rising, it is approaching Target Zone 4 [34.17 – 33.42]. The uptrend key support moves to the zone of [23.75 – 22.85]. Expect the zone test and enter purchases at good prices.

Gold Zone 3 [30.04 — 29.67] was broken out yesterday. Now, the target in the short-term uptrend is Target Zone 4 [34.17 – 33.42]. 

Strong support zones to enter purchases are: 

Additional Zone [30.50 – 30.28];
Intermediary Zone [28.25 — 27.80].

I suggest expecting the price correction down to these zones and look for a buy pattern.

USCrude Trading ideas for today: …<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>

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