FXEM - EMPIRE MARKETS - Company New Article

Gold remains well-supported as the U.S. Treasury yields ease and the dollar softens. Ongoing geopolitical risks and cautious sentiment continue to attract safe-haven demand.

Outlook:
If the current trend holds, gold may test 3345 – 3370. A pullback toward 3300 would likely be corrective rather than a trend reversal.

Oil prices are relatively stable following recent volatility. Traders are monitoring U.S. inventory data and upcoming OPEC+ signals. A weaker dollar offers short-term support, though demand concerns persist.

Outlook:
A clear move above 62.00 could open the door toward 63.30, while renewed pressure may lead prices back to the 60.80 – 60.20 range.