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XAU/USD chart on the hourly time frame

As we mentioned yesterday, gold was moving within an ascending expansion channel, and we stated that: - Holding above 3340 could push the price toward 3380 and then 3400, and a break below 3340 could send the price back toward 3320 and possibly 3253.

What actually happened:

• Gold held above 3340 and rebounded upwards.
• It approached the first target of 3380 and reached levels very close to it (around 3375–3378).
• After that, some volatility and weakening momentum began to appear.

Current situation:

• The positive momentum on the MACD indicator has begun to decline, which may indicate the possibility of temporary profit-taking.
• The ascending channel remains intact, but movement has become more cautious.

Expectations:

• Stabilization above 3367 opens the door for a new attempt to break 3380 and reach 3400.
• A break of 3340 could lead to a retest of 3320 in the short term.

USTEC chart on the hourly time frame

As we mentioned yesterday:
The Nasdaq was within a symmetrical triangle, and the probabilities were: Consolidation above 21580 = a rise to 21770 and then 21900 - A break below 21450 = a decline to 21130 and then 20970.

What actually happened:
The price maintained trading above 21580 - the first target of 21770 was accurately reached - the index is currently trading between 21700 and 21750.

Current Status:
MACD: Still positive but starting to lose momentum → Indicates a possible temporary pullback - the price is maintaining the upper band but with clear fluctuations.

Expectations:

• Continued stability above 21630 supports a retest of 21900.
• A break below 21550 could push the index lower towards 21370.