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Apr 10, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold climbed amid rising geopolitical and economic concerns, attracting investors seeking safety. If the risk-off sentiment persists, prices could move toward $3130. On the other hand, easing tensions may bring it down to around $3075.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3119.72
3115.29
3112.98
3108.75
3104.33
3101.64
3097.60
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil prices remain under pressure due to growing inventories and weaker demand forecasts. Continued bearish sentiment could drag prices down to $58.80, while potential production cuts or new geopolitical tensions might lift them to $60.90.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
60.779
60.512
60.338
60.060
59.770
59.608
59.341
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