Gold price retreats to $2915 per ounce, weighed down by the strength of the dollar and US bond yields. Investors are still awaiting any fresh signals from the Fed on monetary policy, which could determine the next direction for the precious metal.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
2924.25
2920.83
2918.79
2915.46
2911.95
2909.91
2906.39
USOIL chart on the hourly time frame
Oil falls to $69.13 per barrel, weighed down by concerns of slowing global demand and rising US inventories. Investors await any signals on OPEC+ policy and reactions to the global economic outlook.
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