FXEM - EMPIRE MARKETS - Company New Article

Gold continues to trade in a balanced range with a slight upward bias, supported by a weaker dollar and global growth concerns. Sustained upward momentum could push prices toward 3,300 and possibly 3,340. A drop below 3,240, however, might shift the short-term outlook.

Oil prices remain under pressure due to oversupply concerns and weak global demand, especially after disappointing Chinese economic data. If no signs of demand recovery or supply cuts appear, prices may fall toward 55.00, while a recovery above 57.00 could ease the pressure.