FXEM - EMPIRE MARKETS - Company New Article

Gold price is hovering around the main bullish trend line, and as long as the price is above the 2647.00 level, our bullish expectations will remain valid for today, waiting for positive momentum to contribute to pushing the price to achieve our next positive target at 2700.00.

Oil prices have been showing weak trading since the morning, and therefore, there is no change in the expected bearish trend scenario for today, which depends on stability below the 68.64 level, reminding us that our targets start at 67.00 and extend to 65.50 after breaking the previous level.