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May 14, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

After a strong upward trend that brought prices near the 3380 level last week, gold has begun a gradual correction amid a slight improvement in global risk appetite. Current prices indicate a temporary equilibrium, and we may see movement between 3220 and 3270 in the coming sessions, as investors await further signals regarding US inflation and the path of interest rates.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3248.36
3242.71
3239.35
3233.63
3228.27
3224.70
3219.20
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil prices rose significantly, benefiting from data indicating a decline in US inventories, in addition to stable expectations for demand growth in the second half of the year. Continued trading above $62 reflects temporary optimism in the market, with a potential move towards $64.20 this week, provided there are no negative signals from OPEC+ or economic data.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
62.275
62.195
62.144
63.055
61.978
61.928
61.845
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