Gold prices remained unchanged trading in a narrow range around 1285 on Friday. The resistance resides at 1290, the support comes in at 1280 dollars per ounce.
A close below 1280 will generate fresh bearishness towards 1270 dollars per ounce.
The market was closed on Friday. Brent remained unchanged flirting with 55.50. The resistance is at 56.50, the support comes in at 55.50 dollars per barrel.
Black gold has the potential to post more losses. To maintain selling interest the price has to move below 55.50 dollars per barrel.
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