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Jul 22, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

  • Trading within a strong ascending channel.
  • Rebounded from the resistance level of ~3380 and is currently positioned between the moving averages.
  • MACD remains positive, supporting the continuation of the uptrend.
  • Expectation: A slight correction towards ~3360, followed by a new attempt to rise to 3400–3420.
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

  • Decline to the support line of the ascending channel (~65.20).
  • MACD is negative, but defined at the midline.
  • Expectation: An expected rebound towards ~66.00 towards the center of the channel before determining the next direction.
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

  • Near the top of the ascending channel (~23150).
  • MACD is in the consolidation zone, without a strong signal.
  • Expectation: A small correction to ~23050–23100, before a potential new upward reversal.
     
US30 chart on the hourly time frame

US30 chart on the hourly time frame

  • Facing downtrend resistance around ~44600.
  • MACD is generally neutral, with no clear upward momentum.
  • Expectation: A potential decline towards ~44250–44350, before determining whether the trend will become up or resume downward.

- A look at Fridays's report dated July 21, 2025. 

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