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<\/figure>\n\n\n\nThe Hang Seng (HK50) ground steadily higher on Friday, settling at 25,811.5, firmer by 1.22% on the day. The session lacked a single macro driver, leaving technicals in charge. Initial resistance sits at 26,269.77 (the upper Bollinger band), with support eyed at 25,764.65 (the 10-day moving average). Near term, price keeps trading above its main moving averages, leaving the uptrend structure intact; watch whether the upper Bollinger band at 26,269.77 gives way. On the daily chart, the RSI has moved into overbought territory at 71 \u2014 the advance looks stretched. Overall, the trend itself still points up and the debate is about pace rather than direction, though with the RSI overbought the risk-reward of chasing is fading. <\/p>\n\n\n\n Key Levels <\/p>\n\n\n\n XAUUSD \u2014 resistance 4400 (round-number handle) \/ 4,371.84 (session high); support 4,265.20 (the upper Bollinger band it broke above) \/ 4,190.85 (the 5-day moving average) <\/p>\n\n\n\n XAGUSD \u2014 resistance 65 (round-number handle); support 62.448 (the upper Bollinger band it broke above) \/ 60.879 (the 5-day moving average) <\/p>\n\n\n\n HK50 \u2014 resistance 26,269.77 (the upper Bollinger band) \/ 26000 (round-number handle); support 25,764.65 (the 10-day moving average) \/ 25,339.70 (the 20-day moving average) <\/p>\n\n\n\n Economic Calendar Recap & Preview <\/p>\n\n\n\n Today’s focus: JPY BoJ Summary of Opinions at 08:50 JST (Japan) <\/p>\n\n\n\n Why it matters: high-impact release \u2014 volatility can pick up sharply around it <\/p>\n\n\n\n Market consensus: no consensus published <\/p>\n\n\n\n What to watch: This release lands most directly on the yen; volatility around it can pick up sharply, and the direction has to wait for the print itself. <\/p>\n\n\n\n On the data front, USD Unemployment Rate printed 4.1% (prior 4.2%, forecast 4.2%), below forecasts; USD Nonfarm Payrolls printed -23K (prior 57K, forecast 41K), below forecasts; USD Average Hourly Earnings m\/m printed 0.1% (prior 0.3%, forecast 0.3%), below forecasts; JPY Household Spending y\/y printed -3.3% (prior -0.4%, forecast -1.8%), below forecasts. Looking to the next 24 hours (Mon 10 Aug 2026), the calendar highlights JPY BoJ Summary of Opinions at 08:50 JST (Japan) \u2014 likely to steer the yen near-term; JPY Current Account n.s.a. at 08:50 JST (Japan) (forecast 2290.8B, prior 3968.3B); JPY Adjusted Current Account at 08:50 JST (Japan) (forecast 3421.0B, prior 3064.5B); CNY PBC New Loans at 09:00 CST (China) (forecast 0.591T, prior 1.610T). <\/p>\n\n\n\n Volatility alert: silver’s daily range ran to about 204% of its ATR \u2014 swings are running hot, so mind the risk. <\/p>\n\n\n\n Tick-volume data are not provided. Volatility can pick up quickly \u2014 please mind position sizing and risk management.\u00a0This report is dated by its publication day (China time) and recaps the\u00a0previous\u00a0completed trading session.\u00a0Server time is set to GMT+3 during U.S. Daylight Saving Time and GMT+2 during U.S. Standard Time.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Market Theme Precious metals led the session, with gold pushing sharply higher. On the data front, USD Unemployment Rate printed 4.1%, below forecasts. The dollar index softened slightly 0.39%; gold jumped 2.19%; U.S. indices broadly higher (the Nasdaq 100 recovered 0.73%); in Europe the DAX rebounded 0.48%, the FTSE 100 nudged up 0.28%; in Asia-Pacific […]<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","class_list":["post-36248","market-overview","type-market-overview","status-publish","hentry"],"acf":[],"yoast_head":"\n![\"\"](\"https:\/\/www.ad-fx.com\/wp-content\/uploads\/2026\/08\/image-18.png\")
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