Analysis for oil, gold and EUR/USD for 29.10.2019

USCrude – oil  

Oil buyers couldn’t consolidate the price for the second time above Target Zone [55.86 – 55.43]. This means that the middle-term downtrend continues. I suggest looking sell trades according to the pattern in the longer timeframe, The target will be the low of October and Target Zone 3 [50.01 — 49.57].



The short-term uptrend continues, but the double top pattern is now being traded so do not enter buy trades in haste. It is also clear from the short-term chart that traders are now breaking through Additional Zone [55.76 - 55.65]. If they consolidate the price below...Read full author’s opinion and review in blog of #LiteForex http://amp.gs/qOF9