Short-term Analysis for Oil, Gold, and EURUSD for 16.08.2024
I welcome my fellow traders! I have made a price forecast for the USCrude, 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 continues to trade in a short-term uptrend.Highlights and key pointsUSCrude: Oil failed to reach the support (A) 75.45 - 75.12. Instead, the price rose to the resistance 77.51 - 77.34 and rebounded. XAUUSD: Gold is trading in a downward correction.
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