Gold

On Monday, gold prices fell by more than 1%. The activity of sellers, among other things, may be provoked by the appointment of Scott Bessent to the post of US Treasury Secretary. Now the market is waiting for signals from the Fed, as well as data on GDP and the core consumer spending index (PCE), which will be published in the week. The decline is developing from the upper boundary of the previously described range of $2650-2710.

Oil

China issued an additional oil import quota of at least 116,800 barrels per day. These quotas are likely to increase China's oil imports next year. Technically, quotes are still within the $67-72 range. From levels around the $72-73 mark, a renewed decline is possible. Support below $67 remains relevant.