FXEM - EMPIRE MARKETS - Company New Article

Gold continues to trade near $3,280 after a moderate corrective phase, supported by ongoing geopolitical and economic uncertainties.

Outlook:

Holding above $3,270 could enable another attempt to rise toward $3,320.
Falling below $3,265 may open the door for further downside toward $3,230.

Oil prices are moving sideways, balancing between demand concerns and hopes for further production cuts, amid light trading volumes.

Outlook:

Staying above $62.50 could lead to a retest of $63.50.
A break below $62.00 might trigger a move toward $60.80.