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Jul 30, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

  • Current trend: Bearish
  • Technical situation: Consolidation above strong horizontal support at 3315–3320.
  • MACD: Recently Positive
  • Forecast: There are attempts to rise, but the price needs to break 3335–3340 to establish its strength. Critical support is at 3315, and a break there would likely indicate a decline.
     
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

  • Current Trend: Strongly Bullish
  • Technical Status: It broke strong resistance at 67.20 and rose strongly.
  • MACD: Very positive and supports the trend.
  • Forecast: A correction is possible after the sharp rise, but the overall trend remains bullish as long as the price is above 67.00. The next target could be 69.50 and then 70.00.
     
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

  • Current trend: Upward within a channel
  • Technical situation: The price is approaching the lower channel support, and this could be a retracement zone.
  • MACD: Negative
  • Prediction: If it doesn't break 23300 downward, it may return to the upside towards 23450 and then 23600. A break of the channel could change the trend.
     
US30 chart on the hourly time frame

US30 chart on the hourly time frame

Current trend: Upward within a channel
Technical situation: The price touched the lower channel support (black line) and rebounded slightly.
MACD: Negative
Prediction: If it holds the 44500 level, we could witness an upward rebound. Otherwise, a break below the channel could open the door to further declines.

 

- A look at Fridays's report dated July 29, 2025. 

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