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Jun 03, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Yesterday, gold successfully recorded levels of 3328.00 - 3345.00 - 3360.00. The price is currently testing psychological resistance around 3365, which could trigger a corrective movement, especially with overbought signals on short-term timeframes.

Levels to Watch:

  • Possible Upside Towards: 3375 - 3390 - 3405
  • Possible Downside to: 3345 - 3325 - 3300
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3405
3390
3375
3362.12
3345
3325
3300
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil achieved yesterday's targets of 62.50 - 63.10 before retreating. Currently, the price is under pressure after failing to stabilize above 63.00, indicating the possibility of further decline.

Follow-up levels:

  • Possible rise towards: 62.60 - 63.10 - 63.70
  • Possible decline to: 61.80 - 61.20 - 60.50
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
63.70
63.10
62.60
62.209
61.80
61.20
60.50

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