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Feb 24, 2026

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold continues to trade near recent highs following a strong rally, currently stabilizing around 5182 while holding above 5150. Price action remains within an upward structure, although the MACD is showing signs of slowing momentum despite staying in positive territory.

A break above 5200 could pave the way toward 5260, while a drop below 5100 may trigger a deeper correction toward 5000.

Overall Trend: Bullish
 Support: 5100 – 5000
 Resistance: 5200 – 5260

 Outlook: Holding above 5100 supports continuation of the uptrend.

 
XAG/USD chart on the hourly time frame

XAG/USD chart on the hourly time frame

Silver maintains strong bullish momentum, trading near elevated levels with solid buying pressure. However, approaching overbought conditions may lead to temporary consolidation. Staying above 86.50 keeps the bullish outlook intact.

Overall Trend: Bullish
 Support: 86.50 – 84.80
 Resistance: 90.00 – 92.00

 Outlook: Limited pullbacks may attract fresh buying interest above 86.50.

 

 

USOIL Chart on the hourtly time frame

USOIL Chart on the hourly time frame

Oil is attempting a gradual recovery after a previous decline, currently trading near 66.68 while testing the 67.00 resistance area. Short-term momentum is leaning positive.

A break above 67.00 could extend gains toward 69.00, while a move below 65.50 would reintroduce downside pressure.

Overall Trend: Neutral to Bullish
 Support: 65.50 – 64.80
 Resistance: 67.00 – 69.00

 Outlook: Holding above 65.50 supports further recovery.

 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

The index is pulling back slightly from recent highs, with early signs of slowing upside momentum. Trading below 25,000 keeps short-term corrective risks in play.

Overall Trend: Bullish with Short-Term Correction
 Support: 24,600 – 24,350
 Resistance: 25,000 – 25,200

 Outlook: A break below 24,600 could accelerate corrective pressure.

 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

The index is experiencing moderate selling pressure while trading below 49,000, signaling a short-term corrective phase within a broader uptrend.

Overall Trend: Medium-Term Bullish, Short-Term Corrective
 Support: 48,500 – 48,000
 Resistance: 49,200 – 49,700

 Outlook: Staying below 49,200 keeps downside risks active.

- A look at yesterday report dated Feb 23, 2025.

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