Analysis for oil, gold, and EUR/USD for 23.03.2020

USCrude – oil 

Oil sellers try to resume the middle-term downtrend.

The market has opened with a gap today, though it is not wide. Sellers tried to break through Target Zone [23.41- 22.95]. But the price is now rolling back to the support.

If the price goes back to the support [23.41- 22.95], I recommend buying oil with the target to break through the high of last Friday and reach Target Zone 2 [29.80 — 29.34].

Oil short-term trend is down. Last Friday, the price dropped sharply and reached Target Zone [23.41 – 22.95]. It reached Gold Zone [21.09 –…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>