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May 21, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold continued its climb, supported by falling U.S. bond yields and growing demand for safe-haven assets. A break above $3315 could open the way toward $3340, while a dip below $3280 may lead to further correction.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
3311.13
3308.43
3306.52
3304.14
3301.44
3299.53
3296.98
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil prices remained stable above $62, backed by optimism around improving global demand, especially following the easing of restrictions in parts of Asia. If bullish momentum builds, prices may approach $63.70, while continued volatility could see a retreat toward $61.80.
 
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
63.255
63.144
63.075
62.976
62.861
62.797
62.690
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