Short-term analysis for oil, gold, and EURUSD for 06.12.2023

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.

Gold is trading down in the short term.

Oil price forecast for today: USCrude analysis

The short-term oil downtrend continues. The downside target is the Target Zone 69.70 – 68.71.

It is relevant to enter new short trades in resistance (А) 75.77 – 75.44  and resistance (В) 77.58 – 77.09. If the price testes either of the resistance zones and starts declining, the… Read full author’s opinion and review in blog of #LiteFinance