FXEM - EMPIRE MARKETS - Company New Article

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

Apr 14, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold continued its strong rally, reaching record highs amid rising demand for safe-haven assets. This move is fueled by ongoing geopolitical tensions and growing expectations of a dovish stance from the Federal Reserve.
If uncertainty persists, gold could advance toward $3250, while any easing in global tensions or profit-taking could lead to a pullback near $3185.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3238.15
3233.00
3229.62
3224.63
3219.31
3216.26
3210.94
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil prices remained relatively firm, supported by speculation of further supply cuts by OPEC+ despite ongoing concerns over global demand.
If output reductions are confirmed, prices may rise toward $62.10; however, renewed demand fears could push prices down to $60.20.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
61.796
61.591
61.464
61.259
61.053
60.927
60.726
Previous Post
Technical analysis of some currencies
Next Post
Technical analysis of some currencies
Back

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

Open Live Account
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
Settings
Reject
Accept all