Short-term analysis for oil, gold, and EURUSD for 17.12.2021
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.
After the short-term trend reversal up, the gold price is rising without stopping.
Oil price forecast for today: USCrude analysis
In their attempts to raise the price, oil buyers faced strong resistance of 72.41 - 72.12. This resistance was held yesterday, indicating sellers' interest in this zone. Today consider oil sales in this zone with a target at the December 15 low.
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