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May 20, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold prices stabilized after last week’s pullback, with investors turning defensive ahead of the Federal Reserve meeting minutes. Ongoing geopolitical and financial uncertainties still offer support, and weaker U.S. data could push prices back toward $3250.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3222.36
3219.62
3218.05
3215.50
3213.02
3211.33
3208.85
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil prices steadied following recent volatility, buoyed by expectations of stronger summer demand. However, concerns remain after the IEA downgraded its 2025 forecast. Positive economic signals from China or the U.S. could lift prices toward $63, while weaker data might trigger a retreat toward $60.50.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
62.130
62.044
61.985
61.901
61.810
61.755
61.669
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