Gold

The quotations finally tested the zone around the $2480 level and showed growth, which, to a greater extent, looks like a correction. In this regard, from a technical point of view, we are likely to see a retest of the support zone. Further development of the situation can be judged based on the price behavior around the already mentioned level and taking into account the information context. Recall that the week is filled with economic data releases.

Oil

Oil prices fell on Wednesday, continuing a drop of more than 4% the day before, amidst expectations of resolving a political dispute that has halted exports from Libya. Technically, on the chart of the major (daily) timeframe, we can see that the price is in an interesting zone, from the perspective of buying. However, from the standpoint of intraday trading, conditions for entries also need to be sought within the day, taking into account acceptable risks.