Short-term forecast for oil, gold, and EURUSD for 07.12.2020

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

Starting from today, there are new margin requirements for CME Group Gold futures.

Oil price forecast for today: USCrude analysis

On Monday morning, the medium-term oil uptrend continues, the target is at Target Zone 3 49.32 – 48.81]. The price is trading around the highs, so we should expect a correction to buy oil at good prices.

The next support levels are… Read full author’s opinion and review in blog of #LiteForex