Amid the decline in the US Federal Reserve rate by 50 basis points and statements by the Regulator about plans for further policy easing, the volatility of gold quotes has increased. The price is in the zone of historic maximum. The pressure on the dollar, associated with the decision of the Federal Reserve System, provides support for gold. Positions for purchasing at current levels should only be considered taking into account the risks of a downward price correction.
Oil prices have also updated local highs, however, the movement here looks less confident, which could be linked to geopolitical risks. The support zone, mentioned earlier, remains relevant.