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Short-term analysis for oil, gold, and EURUSD for 28.08.2023
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. Oil is being corrected up in the short-term downtrend. The price should reach resistance (A) 80.92 - 80.61, where one could enter new sell trades with a target at the low of August 24. If the price breaks out resistance (A), it will go up to resistance (В) 82.63 - 82.16. The latter is the trend border where one could enter sell trades with the above-mentioned target. USCrude ... (full story)