Short-term analysis for oil, gold, and EURUSD for 16.05.2023
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.
Gold is trading under selling pressure.
Oil price forecast for today: USCrude analysis
The oil price tested the key support zone 69.44 – 69.01 and grew up yesterday. The short-term trend remains up. Expect a buy pattern to emerge and buy oil with a target at the high of May 10. If this high is broken through, the next upside target will... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3M7qoVQ
