Short-term analysis for oil, gold, and EURUSD for 08.01.2024

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.

As part of the correction to the short-term uptrend, gold has reached the key support of 2026 – 2019.

Oil price forecast for today: USCrude analysis

After the short-term trend reversed down last week, the oil price corrected in the new trend's key resistance zone of 74.81 – 74.31. Resistance is currently held by sellers. Thus, entering sales with the first… Read full author’s opinion and review in blog of #LiteFinance