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Apr 25, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

🔸 Current Outlook:
 Gold is under mild pressure after failing to break above the $3,300 level, weighed by a slight rise in bond yields and investor focus on upcoming inflation data.

🔹 Expectations:
 Holding above $3,280 may keep the door open for a retest of $3,330. However, a break below $3,270 could push the price toward $3,230 before any rebound attempts.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3318.47
3311.10
3306.99
3299.49
3292.26
3287.72
3280.64

USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

🔸 Current Outlook:
 Oil prices are moving in a tight range as traders monitor supply data and await OPEC+ signals on potential production adjustments amid mixed demand indicators.

🔹 Expectations:
 Staying above $62.50 could support a move toward $63.70. Conversely, a break below $62.00 might lead to a pullback toward $60.90 in the near term.

Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
63.330
63.167
63.065
62.904
62.742
62.637
62.477

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