Gold

As we initially anticipated, during the decline, gold quotes encountered a support zone around the $2630 mark. However, the market growth seems more like a correction. Resistance was encountered in the $2650 area.

Oil

Oil quotes continue to test the support range. Further pressure on the quotes was exerted by comments from Chairman of the US Federal Reserve, Jerome Powell, who expressed doubts about the need for a significant rate cut of 0.5% at the upcoming meeting. Against this backdrop, oil hit a local minimum, however, currently, it has returned to its original range.