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Short-term analysis for oil, gold, and EURUSD for 25.03.2024

From litefinance.org

The oil price is correcting downwards against the short-term uptrend. A possible correction target is support (A) 79.73 - 79.40. After reaching this zone, consider new purchases with a target at March 19 high. If this high is updated, the next growth target will be the Gold Zone 84.98 - 84.65. If, during trading, support (A) is broken out downside, the price will drop to support (B) 78.08 - 77.59. This zone serves as the trend border. After the price reaches it, also consider purchases. {chart} USCrude trading ideas for today: 1. Buy according to the pattern at support (А) 79.73 - 79.40. TakeProfit: 82.97. ... (full story)

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  • Category: Technical Analysis