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Aug 13, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

  • Current trend: Bearish correction within an ascending channel.
  • Price: Moving around 3348.
  • Support: Strong at 3326.
  • Resistance: 3386.
  • MACD: Starting to turn positive.
  • Analysis: Gold rebounded from a minor ascending trend line support and may be at the beginning of a new uptrend if 3360 is broken.

Today's plan: Buy cautiously from 3340 or on a break of 3360, targeting 3385 - 3405.
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

  • General trend: Clearly bearish.
  • Strong support: 62.00 - 62.50.
  • Resistance: 65.40.
  • MACD: Positive but weak.
  • Analysis: The price is testing historical support and could start an upward correction, but the overall trend remains negative.

Today's plan: Wait for a reversal candle above 62.50 to buy towards 64, or sell if it breaks 62 with a target of 60.
 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

  • Overall Trend: Bullish, Current Price 23,851.93 (right at a major horizontal resistance, Chart Structure Price is testing a strong resistance zone and touching a rising wedge upper trendline.

Resistance Levels:

  • Horizontal Resistance: 23,850 – 23,860 (clearly tested multiple times)
  • Rising Trendline Resistance: Price is at the upper edge of a rising wedge, typically a bearish reversal pattern.

 Support Levels:

  • Minor support: 23,660 (previous resistance, could flip to support)
  • Strong support: 22,985 – 23,000 (solid structure from past price reaction)


 Indicators:

  • MACD Histogram: Showing some fresh bullish momentum, but still weak and cautious. Candlestick Structure: Price is hesitating at resistance with small-bodied candles — suggests indecision or potential distribution.
US30 chart on the hourly time frame

US30 chart on the hourly time frame

  • General trend: Strongly bullish.
  • Current price: At a high of 44,550, which is historical resistance.
  • Pattern: Ascending triangle, price is close to breaking or bouncing off resistance.
  • MACD: Strong and positive.
  • Analysis: If 44,550 is breached, we will see 44,800 and possibly higher.

Today's plan: Buy after breaking 44,550, with a target of 44,800 and a stop loss below 44,350.
 

- A look at yesterday's report dated August 12, 2025.

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