Short-term forecast for oil, gold, and EURUSD for 20.01.2021

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 intraday traders.

Gold price continues to trade in the accumulation zone [1859 – 1816]

Oil price forecast for today: USCrude analysis

Wait for an oil sell pattern in the medium-term chart. This requires breaking out the level 52.27 and consolidating below. In this case, a medium-term correction with the target at the key support of the trend [49.39 – 48.94] will begin.

Otherwise, the local maximum… Read full author’s opinion and review in blog of #LiteForex