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Feb 20, 2026

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold is moving within a symmetrical triangle pattern on the hourly timeframe, trading near 5011.31 after a gradual recovery from the recent low.

The price is approaching the upper boundary of the pattern, while the MACD indicator is gradually improving in positive territory.

A break above 5025 strengthens the target of 5123.24, while a break below 4900 would bring renewed pressure towards 4855.

Overall Trend: Neutral with a slight upward bias
Support: 4900 – 4855
Resistance: 5025 – 5123.24

Expectation: Awaiting a clear breakout to determine the next direction.
 

 
XAG/USD chart on the hourly time frame

XAG/USD chart on the hourly time frame

Silver is moving within a narrow sideways range after a previous upward surge, with the price holding above 77.80. The MACD indicator is trending positive but with limited momentum.

A break above 79.20 could push the price towards 80.00, while a break below 77.80 would bring renewed pressure towards 76.90.

Overall trend: Neutral
Support: 77.80 – 76.90
Resistance: 79.20 – 80.00

Expectation: Sideways movement with a slight upward bias.
 

 

 

USOIL Chart on the hourtly time frame

USOIL Chart on the hourly time frame

Oil is moving within a sideways range with a downward bias after failing to hold above 68.00. Momentum remains weak, and the MACD indicator is hovering near negative territory.

A break below 66.00 would reinforce the decline towards 64.80, while a break above 68.20 would turn the short-term outlook positive.

General Trend: Neutral with a slight downward bias
Support: 66.00 – 64.80
Resistance: 68.20 – 69.50

Expectation: Continued volatility with limited downward pressure.
 

 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

The index is moving near higher highs, supported by technology stocks, holding above 24,650. Momentum is positive but showing signs of gradual slowing.

A break above 25,000 would reinforce the upward move towards 25,300, while a break below 24,650 could trigger a correction towards 24,380.

General Trend: Upward
Support: 24,650 – 24,380
Resistance: 25,000 – 25,300

Expectation: The upward trend remains intact with the potential for limited profit-taking.
 

 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

The index continues to trade near all-time highs, holding above 49,000. Momentum is positive but is gradually slowing.

A break above 49,700 strengthens the target of 50,000, while a break below 48,800 could push towards 48,250.

Overall trend: Upward
Support: 48,800 – 48,250
Resistance: 49,700 – 50,000

Expectation: The positive trend will continue unless 48,800 is broken.
 

- A look at yesterday report dated Feb 19, 2025.

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