FXEM - EMPIRE MARKETS - Company New Article

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

Apr 23, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

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

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.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
64.923
64.765
64.670
64.512
64.353
64.262
64.100

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

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