• Technical analysis reports

• #Commodities

Technical analysis of some commodities pairs:

Technical Analysis Report (April 16, 2026):

XAUUSD Hourly Chart

Gold is trading near 4827 in a slightly bullish sideways movement near key resistance levels.
 MACD shows weak positive momentum, indicating a lack of strong breakout pressure so far.

•  Overall trend: Slightly bullish / sideways
•  Support: 4760 – 4705
•  Resistance: 4835 – 4875

 Outlook:
 A break above 4835 may open the way for further gains, while failure could lead to a temporary pullback.

XAGUSD Hourly Chart

Silver is trading near 80.30 after breaking previous resistance levels, maintaining a bullish trend.
MACD shows positive momentum with signs of stabilization, suggesting potential consolidation before continuation.

• Overall trend: Bullish
• Support: 79.20 – 77.30
• Resistance: 81.00 – 82.50

Outlook:
Holding above 79.20 supports further upside, while a break below may lead to a correction. 
 

USOIL Hourly Chart

Oil is trading near 88.00 following a clear downtrend, with limited recovery attempts.
MACD shows weakening bearish momentum as negative bars shrink, suggesting a possible corrective rebound.

• Overall trend: Bearish
• Support: 87.70 – 87.00
• Resistance: 90.90 – 97.30

Outlook:
Staying below 90.90 keeps bearish pressure intact, while a break above may support a stronger recovery. 
 

USTEC Hourly Chart

The index is trading near 26280 within a strong uptrend, continuing to print higher highs.
MACD reflects increasing bullish momentum, supporting further upside.

• Overall trend: Bullish
• Support: 25880 – 24960
• Resistance: 26350 – 26600

Outlook:
Holding above 25880 supports continued gains, with possible short-term slowdown due to overbought conditions. 
 

US30 Hourly Chart

The index is trading near 48500 after a strong rally, currently moving in a sideways range.
MACD shows fading momentum, indicating a potential correction or continued consolidation.

• Overall trend: Bullish with consolidation
• Support: 48250 – 47320
• Resistance: 48650 – 49000

Outlook:
A break below 48250 may open the door for a deeper correction, while holding above supports consolidation.