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Sep 01, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Chart Pattern: Ascending Channel

Current Status: Strong bullish breakout.

Indicators:

  • MACD is strongly positive.
  • Strong bullish momentum.

Outlook: Continuation toward 3,490, possibly 3,520, is likely. Nearest support is at 3,430.
 
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

Chart Pattern: Symmetrical Triangle

Current Status: Leaning bearish inside the triangle.

Indicators:

  • MACD is negative and declining.
  • Price below moving average.

Outlook: A break below 62.85 could lead to 62.00, then 61.40. A break above 64.40 may reverse the trend to the upside.
 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

Chart Pattern: Ascending Channel

Current Status: Price at the lower boundary of the channel.

Indicators:

  • MACD is clearly bearish.
  • Signs of potential bounce from support.

Outlook: A rebound from 23,390 could push the price to 23,580, then 23,700. A break below the channel would suggest deeper correction toward 23,150.
 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

Chart Pattern: Ascending Triangle

Current Status: Price is near strong resistance at 45,734.

Indicators:

  • MACD shows weakening momentum.
  • Still within an uptrend channel.

Outlook: A breakout above 45,734 could confirm further upside. If it fails and drops below 45,059, correction toward 44,700 is likely.

- A look at yesterday's report dated Sep 1, 2025.

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