FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Apr 24, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

🔸 Current Scenario:
 Gold eases slightly after a strong rally, but remains within a positive trend amid ongoing geopolitical concerns.

🔹 Outlook:
 If it holds above 3,310, the price may retest 3,360. A break below that level could lead to a technical dip toward 3,270 before any rebound.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3349.19
3342.43
3338.77
3332.37
3326.15
3322.31
3316.10

USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

🔸 Current Scenario:
 Oil is moving sideways after rebounding from support levels, with a balance between demand concerns and optimism over potential OPEC+ cuts.

🔹 Outlook:
 Trading above 62.00 increases the chance of a retest of 63.50, while a break below 61.80 may lead to a short-term move toward 60.40.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
62.962
62.778
62.667
62.463
62.274
62.163
61.964

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy