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Jul 07, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

The first negative target we mentioned last week at 3310 has been achieved.

Current trend: Down.

  • The price has broken the lower leg of the triangle and is testing support at 3307.
  • MACD is in a strong sell-off.

Expectation:

  • A break of 3307 will confirm a continued decline to the 3265-3250 areas.
  • If gold maintains support, it could rebound towards 3340 and then 3360.
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

General trend: Down, with consolidation.

  • Weak trading below the 66.00 resistance.
  • The price has failed to break the resistance for the third consecutive day.

Prediction:

  • A break of 65.00 will push the price to 63.80 and possibly 62.50.
  • If the price closes above 66.00, we may see a rebound attempt towards 67.80.
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

General trend: Upward, but with overbought conditions and a correction.

  • Current movement is consolidative above the 22,600 support.
  • The index is attempting to consolidate after a decline in upward momentum.

Prediction:

  • Stabilization above 22,600 may push the index to test 22,950 and then 23,100.
  • A break of 22,600 will likely lead to a decline towards 22,300.
US30 chart on the hourly time frame

US30 chart on the hourly time frame

General trend: Upward, with declining momentum.

  • Fluctuation between 44,500 and 44,900.
  • No new resistance has been breached, and positive momentum is weak.

Expectation:

  • Stabilization above 44,500 may maintain bullish expectations toward 45,000–45,200.
  • A break below 44,500 could open the door to a corrective decline toward 44,100.

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