Gold prices were neutral on Monday. The instrument spent the day near the 1316 level. The resistance is at 1316, the support comes in at 1300 dollar per ounce.
The 1316 support limits the further growth of the yellow metal. A break above this mark risks a growth towards 1320. The price may bounce from the 1316 level and decline back towards 1305 per ounce.
Brent tried to regain the 46.50 level. An attempt to break the level failed at the start of the North American session, the price dropped below the level. The resistance is at 46.50, the support comes in at 45.30 dollars per barrel.
As the most probable scenario, we consider further moving downwards towards the level at 45.30.
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