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Apr 04, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold prices pulled back from record highs but remain supported by safe-haven demand. Staying above $3,070 could trigger a recovery towards $3,100 - $3,125, while breaking below this level may push the metal down to $3,050 - $3,030.
  • Holding above $3,070 may lead to a rebound towards $3,100.
  • A break below $3,050 could accelerate the decline towards $3,030.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3101.19
3095.34
3091.84
3085.85
3079.42
3076.06
3070.07
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil prices dropped sharply amid supply concerns and weaker global demand. Stabilizing above $64.50 could lead to a rebound towards $66.00 - $67.20, while continued selling pressure may drive the price lower to $63.00 - $61.80.
  • Staying above $64.50 supports a potential correction towards $66.00.
  • A break below $63.00 could deepen losses towards $61.80.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
65.445
65.054
64.796
64.414
63.992
63.775
63.373
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