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Aug 12, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Overall Trend: Pullback phase within a narrow rising channel.

Support: Near 3350 at the lower channel line.

Resistance: Around 3390, the channel top and recent highs.

MACD: Bearish, showing strong downside momentum.

Outlook: Risk of deeper correction if 3350 breaks. Holding above may lead to a recovery toward 3390.
 
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

Overall Trend: Stabilizing near a key support zone.

Support: 63.0–63.2 zone.

Resistance: Around 65.0.

MACD: Slightly bullish but momentum is weak.

Outlook: Limited upside potential unless 65.0 is breached. Holding above support may lead to gradual recovery.
 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

Overall Trend: Mild bullish recovery.

Support: Around 23,900.

Resistance: ~23,650 (former support turned resistance).

MACD: Positive but losing strength.

Outlook: Watch for a sustained bounce off support to resume upward trend. Failure to hold could lead to further correction.

 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

Overall Trend: Consolidating within a symmetrical triangle.

Support: Triangle lower boundary ~43,900.

Resistance: Triangle upper boundary ~44,450.

MACD: Positive but showing weakening momentum.

Outlook: A breakout (up or down) from the triangle will define the next directional move.
 

- A look at yesterday's report dated August 11, 2025.

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