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Jul 10, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Current situation: The price is moving within a symmetrical triangle pattern, and the price is currently bouncing off the lower boundary near 3296.


Indicators: The MACD is showing signs of a bullish reversal after a downtrend, and momentum is gradually recovering.


Expectation:

  • Continued upward movement is contingent upon breaking the 3313 resistance level, which could push gold towards 3330-3345.
  • Any break of the 3296 support level would open the way for a new decline towards 3275.
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

Current Situation: Oil is moving in a bearish consolidation range after breaking the 68.00 support level, and is now consolidating near a minor support area.


Indicators: Momentum is negative, and the MACD indicator continues to reflect selling pressure, despite some attempts at consolidation.


Expectation:

  • Continued trading below 68.00 suggests a decline towards 66.50 and then 65.80.
  • A break of 68.00 again would restore positive momentum and open the way for a rise towards 69.20.
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

Current situation: The index is trading near all-time highs, but there are signs of slowing momentum.


Indicators: The MACD has begun to narrow horizontally, indicating a possible correction.


Expectation:

  • If the support at 22,700 holds, it may return to the upside towards 22,950 and then 23,100.
  • A break of 22,700 could lead to a correction towards 22,500.
     
US30 chart on the hourly time frame

US30 chart on the hourly time frame

Current situation: The index is showing a tendency to consolidate after a rapid upward wave, approaching resistance at 44,500.

Indicators: Positive momentum has begun to decline slightly, but there are no clear sell signals yet.

Forecast:

  • A break of 44,500 could push the index towards 44,800–45,000.
  • If the breakout fails, it may return to test 44,000 as an immediate support area.

- A look at the report from yesterday, dated July 9, 2025. 

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