• Technical analysis reports

• #Commodities

Technical analysis of some commodities pairs:

 

Technical Analysis Report (April 2, 2026):

XAUUSD Hourly Chart

Gold continues to trade near 4596 within an upward trend supported by safe-haven demand.
The price is approaching a significant resistance area as positive momentum continues.

Overall trend: Upward

• Support: 4550 – 4480
• Resistance: 4620 – 4700

Expectation: A break above 4620 would support a new upward move.

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XAGUSD Hourly Chart

Silver is moving near 70.30 in a strong upward trend with continued positive momentum. However, the price is approaching areas that may see some consolidation or a short correction.

Overall trend: Upward

• Support: 68.50 – 66.80
• Resistance: 71.50 – 73.00

Expectation: Continued upward movement with the possibility of a limited correction.

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USOIL Hourly Chart

Oil is trading near 100.70 with relative weakness after failing to stabilize above resistance. Price action reflects hesitation due to concerns about global demand.

General Trend: Neutral with a slight downward bias

• Support: 98.80 – 96.50
• Resistance: 102.50 – 105.00

Expectation: A break below 98.80 would support a downward move

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USTEC Hourly Chart

The index is trading near 23,594 within a strong upward trend supported by technology stocks. Momentum remains positive with limited potential for volatility.

Overall Trend: Upward

• Support: 23,200 – 22,850
• Resistance: 23,800 – 24,200

Expectation: Continued Upward Trend

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US30 Hourly Chart

The index maintains its trading near 45,988 within a stable upward trend. The market is showing relative strength with limited potential for profit-taking.

Overall Trend: Upward

• Support: 45,500 – 45,000
• Resistance: 46,200 – 46,800

Expectation: Continued Upward Movement with Volatility

 

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