ATFX MM

Gold prices declined on Thursday as renewed inflation worries triggered by rising oil prices weighed on market sentiment. Spot gold Gold (XAUUSD) dropped 1.5%, while gold futures fell 1.4%.

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GBPUSD gained roughly 0.3% on Monday, coming close to retaking the 1.3450 level after bouncing back from an early-session dip to around 1.3280.

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Crude oil prices rallied strongly midweek, pushing USOIL back above key resistance. The technical breakout has improved short-term momentum, and holding above this level could open the door to further gains.

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All trading involves risk, losses can exceed your deposits.