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Oct 07, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Current situation: Gold maintains its upward trend near $3,965 after breaking through the resistance at $3,898.
 

Technical indicators:

  • MACD is strongly positive, and momentum is bullish.
  • The ascending channel is clearly visible on the H1 timeframe.

Reasons: High hedging demand ahead of US employment data and a relative weakness in the dollar.
Forecast: Continued upward movement towards $3,975-$4,000 with strong support at $3,920.
 



 
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

Current situation: Oil stabilizes near 61.5 after previous declines.
 

Technical indicators:

  • Momentum is weak and bearish.
  • The short-term moving averages are below the long-term ones, reflecting downward pressure.

Reasons: Pressure from concerns about weak global demand due to OPEC+ decisions.
Forecast: Expected range of movement between 60.80 and 62.50, with a break below 60.80 signaling a resumption of the decline.
 


 


 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

Current situation: The index is in an upward trend after a temporary decline.
 

Technical indicators:

  • Momentum is positive and the MACD is showing improvement.
  • Shorter moving averages support the upside.

Reasons: Relative optimism about tech companies' earnings, with anticipation of US jobs data.
Expectation: Targeting the 25,200 level, with support at 24,800.
 




 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

Current status: The index is moving slightly positively.
 

Technical indicators:

  • MACD is gradually rising.
  • The moving averages provide support for the positive trend.

Reasons: Optimism about the US economy, with some caution ahead of important data.
Expectation: The trend is towards 46,900, while support is at 46,300.


 


 

- A look at yesterday's report dated October 6, 2025.

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