Short-term analysis for oil, gold, and EURUSD for 02.02.2024

I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

Yesterday, gold reached the key resistance of the short-term downtrend.

Oil price forecast for today: USCrude analysis

The oil price continued to decline yesterday. As a result, it reached the support (B) 74.22 – 73.72. This zone serves as the short-term uptrend's border. Therefore, today, consider purchases within it with a target at January 29 high.

If during trading, the support… Read full author’s opinion and review in blog of #LiteFinance