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May 30, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

After bouncing off 3290 and hitting 3315, gold remains stable amid mixed pressures from yields and the dollar.

Resistance Levels:
 3320 – 3345 – 3365
Support Levels:
 3275 – 3260 – 3240

Outlook:
 Mild rebound attempts as long as above 3275, with eyes on today's US data.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3340
3345
3320
3294.00
3275
3260
3240

USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Following a strong drop and hitting all three technical targets yesterday, oil is trying to stabilize but still lacks bullish momentum.

Resistance Levels:
 61.20 – 61.80 – 62.30
 Support Levels:
 60.00 – 59.40 – 58.70

Outlook:
 Bearish bias remains unless price breaks above 61.20 with confirmation.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
62.30
61.80
61.20
60.281
60.00
59.40
58.70

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