FXEM - EMPIRE MARKETS - Company New Article

After a sharp drop and achieving all three bearish targets, gold is attempting to stabilize above $3290. However, it remains vulnerable to further downside if risk appetite persists in the markets.

• Resistance levels: 3320 – 3345 – 3365
• Support levels: 3280 – 3265 – 3245

Following the successful execution of three downside targets yesterday, oil is holding above $60.90. However, the outlook remains negative unless key resistance levels are surpassed.

• Resistance levels: 61.50 – 62.10 – 62.80
• Support levels: 60.50 – 59.80 – 59.30