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Aug 29, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Trend: Bullish channel.

Support: 3373 – 3357.

Resistance: 3421 (top of the channel).

Outlook: Price is near resistance. Might see a pullback. Break above the channel could accelerate the uptrend.
 
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

Trend: Corrective phase within ascending triangle.

Support: 62.87.

Resistance: 64.39.

Outlook: Price is near the upper trendline. Break above 64.39 suggests continuation toward 65+. Failure may lead to a pullback near 63.00.
 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

Trend: Strong bullish trend inside an ascending channel.

Support: 23337.

Resistance: 23730.

Outlook: Still bullish. Break above resistance may push toward 23900. However, breaking below the last low may trigger a correction.
 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

Trend: Bullish but showing slight pullback.

Support: 45220.

Resistance: 45734 (previous high).

Outlook: Some bearish pressure forming. If support breaks, expect a correction. Holding above 45500 keeps the uptrend intact.

- A look at yesterday's report dated August 28, 2025.

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