Short-term analysis for oil, gold, and EURUSD for 29.01.2024

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.

Oil price reached the target for short-term purchases.

Oil price forecast for today: USCrude analysis

The oil price reached the upper Target Zone 80.25 – 79.26. Therefore, oil purchases at support of 74.82 should be closed. There is a possibility that oil will continue to rise. In this case, level 80.25 will be tested. If this level is broken out, the next… Read full author’s opinion and review in blog of #LiteFinance