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XAU/USD chart on the hourly time frame

Gold price did not show any strong movement yesterday, continuing to fluctuate around the 2630.00 level, and therefore, there is no change in the expected downward trend scenario for the coming period, which targets testing the 2600.00 level as a first stop.

Note that breaking 2663.00 will stop the negative scenario and lead the price to regain the main upward trend again.

USOIL chart on the hourly time frame

Oil prices made negative trades yesterday to move away from the 68.64 level and reinforce expectations of the continuation of the downward trend during the upcoming sessions, waiting to test the 67.00 barrier as a first stop, noting that breaking this level will push the price towards the previously recorded bottom at 65.51.

This scenario will remain valid unless the price rushes to break the 64.64 then 69.15 levels and stabilizes above them.