Analysis for oil, gold, and EUR/USD for 25.05.2020

USCrude – oil 

Oil middle-term uptrend continues. The target is Target Zone 4 [34.17 – 33.42]. If this zone is broken out upside, the next upside target will be Target Zone 5 [41.67 — 40.92].

The short-term trend is up. Last week, the price was corrected down to the zone of good buy prices [30.72 – 28.02]. Buyers drew the price up form the support zone last Friday, and the price continued growing. The growth target is to break through the high of May 21 and reaching Target Zone 4 [34.17 – 33.42].

Today, I suggest entering long trades on…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>