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May 23, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold prices remain supported near the $3,300 level, bolstered by a softer dollar and renewed geopolitical concerns. Continued stability above $3,300 could push prices toward $3,350 and $3,380. A drop below $3,285 may trigger a correction toward $3,250.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3324.87
3319.42
3316.07
3310.62
3305.26
3301.92
3296.37
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil prices are under pressure following recent gains amid mixed outlooks for global demand. As long as prices stay above $60.00, a rebound toward $61.50 and $62.30 remains on the table. A break below $59.80 could signal a short-term bearish shift.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
60.792
60.728
60.689
60.625
60.555
60.516
60.454
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