Short-term analysis for oil, gold, and EURUSD for 12.12.2023

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.

The gold short-term downtrend continued yesterday.

Oil price forecast for today: USCrude analysis

The oil price is being corrected up in the short-term downtrend. The market is approaching resistance (А) 72.63 – 72.30. When the zone is tested by the price, I suggest entering new sell trades with a target at the low of December 7.

If the indicated low is broken… Read full author’s opinion and review in blog of #LiteFinance