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The XAU/USD pair had a negative day on Tuesday. The price got under selling pressure. Sellers were able to move the price from the level 1340 towards 1325. The resistance is at 1330, the support comes in at 1320 dollar per ounce.

A clear strength below 1325 will pave way for continuation of the pair's downward trajectory towards 1320. A move above the resistance 1330 would suggest a resumption of the bullish trend.


Brent held a bearish tone on Tuesday. The price retreated from the level 47.50 and extended its losses towards the 45.30 region. 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 44.30. However, we do not exclude a recovery to the mark 47.00.


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