• Technical analysis reports

• #Commodities

Technical analysis of some commodities pairs:

Technical Analysis Report (April 9, 2026):

XAUUSD Hourly Chart

Gold is trading near 4720 after failing to hold above the 4780 resistance area, entering a corrective move. Short-term momentum is turning negative, reflecting temporary weakness within the broader trend.

• Trend: Neutral to bullish
• Support: 4680 – 4540
• Resistance: 4780 – 4820

Outlook: A move back above 4780 may restore bullish momentum, while staying below keeps downside pressure in place.
 

XAGUSD Hourly Chart

Silver is trading near 73.95 after a strong rally followed by a consolidation phase. Momentum remains positive but at a slower pace, suggesting a pause before the next move.

• Trend: Bullish
• Support: 72.90 – 70.50
• Resistance: 75.30 – 76.80

Outlook: Holding above 72.90 supports further upside, while a break below may lead to a temporary correction.
 

USOIL Hourly Chart

Oil is trading near 91.79 after a noticeable pullback from recent highs, pressured by easing risk premiums. Momentum is negative, indicating continued downside pressure.

• Trend: Bearish
• Support: 90.20 – 88.80
• Resistance: 93.60 – 96.00

Outlook: Staying below 93.60 keeps the bearish outlook, while a break above may trigger a recovery attempt.
 

USTEC Hourly Chart

The index is trading near 24861 after a strong rally and fresh highs. Momentum remains positive, although a short-term pause is possible.

• Trend: Bullish
• Support: 24430 – 24090
• Resistance: 25050 – 25200

Outlook: Holding above 24430 supports continued upside.
 

US30 Hourly Chart

The index is trading near 47839 after breaking above previous highs, supported by strong positive momentum. Buyers remain in control despite the possibility of a minor pullback.

• Trend: Bullish
• Support: 46960 – 46520
• Resistance: 48000 – 48250

Outlook: Stability above 46960 supports further gains.