FXEM - EMPIRE MARKETS - Company New Article

Gold continues its strong upward trend as geopolitical tensions and a weaker dollar bolster its safe-haven appeal. The overall trend remains bullish, but the potential for a correction remains if the global outlook temporarily calms down.

📈 Stability above 3360 supports further progress towards 3400-3430.
📉 However, any calming of the global outlook could lead to a correction towards 3330 before any further upward attempt.

Oil prices are cautiously rising amid a balance between concerns about weak global demand and cautious optimism about OPEC+ interventions. Current movements open the door to continued upward movement if signs of improved demand or producer intervention strengthen to support the market.

📈 A sustained break above 63.00 could strengthen the trend towards 64.50.
📉 If concerns resurface, we could see quiet movements towards 61.20 and then 60.00.