Elden Ring has a dedicated jump button, an on-screen compass, and ambient music. That is pretty much all this leaked gameplay clip will tell you considering its short length of 27 seconds, but it's worth sharing all the same considering the current secrecy surrounding the title. This is supposed gameplay taken from an Xbox One build, which is most definitely worth taking into consideration when viewing.
According to members of the press who saw gameplay in person for a previous round of previews, this clip wasn't part of that media beat. If we were betting men, we'd put money on Elden Ring showing up at The Game Awards at the end of the year; it is still due out in January 2022, after all. Until then, we can dissect this somewhat poor quality capture of the game.