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Jul 09, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Current situation: Gold broke the support at 3310 and is currently trading below it at 3295. Price action indicates a new bottom, but it has not yet been confirmed.


MACD indicator: Clearly negative and showing continued selling momentum.


Expectation: Continued selling pressure may push the price towards 3275–3260, provided it holds below 3310.
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

Technical situation: Consolidation below the resistance at 67.80, with strong support at 66.20.


MACD indicator: Neutral to negative, and limited momentum.


A break of 67.80 could open the way for an upward move towards 68.60.


Expectation: Trading will continue between 66.20 and 67.80 until one of the two levels is broken.
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

Technical situation: The index has declined again after failing to stabilize above 22,900.


MACD: Negative, momentum is down.


Expectation: The market is in a correction phase, and any temporary rise below 22,900 remains a selling opportunity. A break of the 22,650 support level could lead to a decline toward 22,480.
 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

Technical situation: Consolidation after a strong decline from 44,700.

MACD: Negative, but the decline has begun to slow.

Expectation: Key support is at 44,000 and resistance is at 44,450. A break of 44,000 could push the market towards 43,780, while stability above 44,450 will restore upside opportunities.

- A look at yesterday's report on July 8, 2025. 

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