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Feb 10, 2026

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold is moving in a short-term upward trend after bouncing off the 4735 area and is currently trading near $5033, approaching a key technical resistance around 5085. Positive momentum remains intact according to the MACD indicator, but a slight divergence suggests a possible limited correction before the upward move resumes.

Overall trend: Short-term bullish
Support: 4910 – 4735
Resistance: 5085 – 5120

Expectation: A break above 5085 strengthens the target of 5120, while failure could push the price towards 4910.
 

 
XAG/USD chart on the hourly time frame

XAG/USD chart on the hourly time frame

Silver continues to trade near its recent highs around 81.49, supported by gold's movements, but momentum is gradually losing strength. Holding above 80.80 maintains the positive outlook.

General Trend: Cautiously Upward
Support: 80.80 – 79.90
Resistance: 82.20 – 83.00

Expectation: Continued trading above 80.80 supports a move towards 82.20, while a break below this level could open the door for a wider correction.
 

 

 

USOIL Chart on the hourtly time frame

USOIL Chart on the hourly time frame

Oil is moving in a sideways range with an upward bias near $64.15, supported by expectations for this week's energy reports. Momentum is balanced, with a clear breakout needed to determine the next direction.

General Trend: Neutral
Support: 63.20 – 62.50
Resistance: 65.30 – 66.00

Expectation: A break above 65.30 strengthens the target of 66.00, while a break below 63.20 could push the price back towards 62.50.
 

 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

The index continues to trade near all-time highs, supported by the technology sector. However, momentum is slowing as US inflation data approaches.

Overall Trend: Upward
Support: 24950 – 24680
Resistance: 25380 – 25600

Expectation: A break above 25380 would reinforce a new upward trend, while a failure could trigger profit-taking towards 24950.
 

 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

The index is moving near the 50,000 level with relatively stable sentiment. Trading above this psychological level reinforces the short-term positive outlook.

Overall Trend: Upward
Support: 49850 – 49200
Resistance: 50300 – 50700

Expectation: Holding above 50000 keeps the trend positive, while a break below 49850 could open the door for a limited correction.
 

- A look at yesterday report dated Feb 9, 2025.

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