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Short-term analysis for oil, gold, and EURUSD for 03.05.2023 | LiteFinance

Short-term analysis for oil, gold, and EURUSD for 03.05.2023

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.

The gold price has broken through the high of April 26 following an ascending momentum.



Oil price forecast for today: USCrude analysis

The oil short-term downtrend continued yesterday, and the price reached the Gold Zone 71.78 – 71.49. The zone hasn’t been broken out, so the price will hardly continue falling right now.

If the price breaks out the GZ today... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3Vt71ux