Analysis

Gold has hit the Gold Zone 2789 – 2784 within a short-term uptrend. If the price pierces this zone from below, the growth will continue with the target in the Target Zone 2850 – 2839. Consider long trades on a correction at the strong support (A) 2734 – 2729 and support (B) 2707 – 2699 with […]

Yesterday, oil continued to trade in a short-term downtrend. As a result, the price has breached the Target Zone 68.92 – 68.02 and slumped below the October 28 low. The next bearish target is the Gold Zone 65.93 – 65.63. Currently, the price is correcting upward. The potential correction’s target is the resistance (A) 70.19 – 69.86. Once

The euro is trading in a short-term downtrend. Yesterday, the price failed to pierce the Target Zone 1.0794 – 1.0777. Therefore, an upward correction may emerge today. If the correction unfolds, the price will likely test the strong resistance (A) 1.0884 – 1.0873 and resistance (B) 1.0946 – 1.0929. Consider short trades near these zones with the

Gold is maintaining its short-term uptrend. Today, the price will likely set a new historical high if the asset exceeds the October 23 high. If the price consolidates above this mark, the next bullish target will be the Gold Zone 2789 – 2784. If a correction develops, quotes may fall to the support (A) 2703 –

Oil continues to decline within the short-term downtrend. Yesterday, the price broke through the Target Zone 68.92 – 68.02. The next bearish target is the Gold Zone 65.93 – 65.63. Consider short trades on a correction from the strong resistance (A) 69.69 – 69.43 and resistance (B) 71.14 – 70.75, taking profits near today’s low. USCrude

The euro is testing the lower Target Zone 1.0794 – 1.0777 within the short-term downtrend. If the asset pierces this zone from above, the price may fall to the Gold Zone 1.0682 – 1.0670. If not, an upward correction will start with the target at the resistance (A) 1.0884 – 1.0873. Once this zone is tested, consider

Gold is still trying to continue its growth within the short-term uptrend. However, a correction to strong support levels has not occurred. Consequently, the price may exceed the October 23 high and rise further to the Gold Zone 2789 – 2784, or a correction to the support (A) 2703 – 2697 or support (B) 2675

Oil has opened with a gap today and has fallen below the October 18 low. Thus, all bearish targets within the short-term downtrend have been achieved. If the asset pierces the Target Zone 68.92 – 68.02, the next bearish target will be the Gold Zone 65.93 – 65.63.  If the price remains above the Target Zone,

The euro continues to trade in a short-term downtrend. Yesterday, the price corrected upward. If the correction continues today, the asset may test the resistance (A) 1.0884 – 1.0873. Once this zone is tested, consider short trades with the first target of 1.0822 and the second one of 1.0761. If the price pierces the resistance (A), the

Gold is trading in a short-term uptrend and is correcting downward. If the correction continues, the price may test the support (A) 2703 – 2697. Once this zone is tested, consider long trades again with the first target of 2728 and the second one of 2758. If the price exceeds the October 23 high today, the