Analysis for oil, gold, and EUR/USD for 23.04.2020

USCrude –oil

Oil is now being corrected up and approaching the border of the medium-term down trend at [11.67 – 10.92]. I recommend expecting the zone breakout and the price consolidation above to enter purchases. It is time to stop selling oil.

Oil short-term trend turned up yesterday, as Intermediary Zone [7.54 – 7.17] was broken out. Today, the price is getting close to Target Zone [11.67 – 10.92], but it hasn’t yet reached the zone.

If you have bought oil at the market price during the IZ breakout, move the trades to the breakeven now.

If the price is…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>