correction in gold can be expected till 1193 near around 38.2 fibo level.. i will have a short position from there and target will be the last year support of 1082 with sl of 1227.
we need some crisis for save haven demand to rise until stick with dollar
Oil will be in range between 40$ to 45$ for some period before and then can go long till 60$. Bearish force is yet there since it touched the mark of 50$ per barrel. There is no such major fundamental support rather than the long going supply concern for it to break the level of 40$ per barrel.