Gold is experiencing a mild pullback after last week’s strong rally, but it still holds onto most of its gains, supported by geopolitical concerns and a weaker dollar.
🔺 If buyers return: A move above 3345 could reignite momentum toward 3370.
🔻 If selling pressure increases: A break below 3310 may lead the metal to 3275.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
3332.32
3326.60
3322.69
3316.37
3310.04
3306.13
3299.81
USOIL chart on the hourly time frame
Oil continues to edge higher, supported by ongoing geopolitical tensions and renewed sanctions on key producers. Markets are awaiting U.S. inventory data later today.
🔺 If bullish trend holds: Staying above 64.80 could push the price toward 65.60.
🔻 If momentum fades: A drop below 63.90 might lead crude down to 63.00.
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