Short-term analysis for oil, gold, and EURUSD for 08.05.2023
Hello, my fellow traders! Here's my forecast for US Crude, XAUUSD, and EURUSD made using margin zones and classical technical analysis. Based on this analysis, I made a list of entry signals for intraday traders.
Gold's short-term trend remains upward.
Oil Forecast for today: USCrude analysis
Oil's short-term trend reversed up on 5 May. The previous trend's key resistance at 68.74 - 68.31 was broken out. The upper Target Zone 73.53 - 72.66 is a current buying target.
I suggest buying oil from strong support levels: support (А) 69.13 - 68.84 and support (В) 67.68 - 67.25. Today's high can... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/41fpU5i
