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Aug 06, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

  • The price is trading above a broken support that has been converted into new support.
  • There is strong resistance at 3386.
  • MACD is starting to lose upward momentum.
  • Continued upside momentum depends on a break above 3386.
     
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

  • The price is currently testing important ascending support after a strong decline.
  • There are signs of a bottom, but confirmation of a rebound is required.
  • MACD remains negative but weakening.
  • Monitor the support at 64.80, and a potential rebound if it is not broken.


 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

  • The price has rebounded from strong support but remains within a descending channel.
  • It is currently testing the resistance of the downtrend line.
  • The MACD is positive but starting to slow.
  • A break of 23,100 is required to confirm the continuation of the uptrend.


 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

  • The price is currently hitting a downtrend line from the July highs.
  • A break of the trend line could change the short-term trend to an uptrend.
  • The MACD is clearly positive.
  • A break above 44,300 confirms the beginning of a new uptrend.
     

- A look at yesterday's report dated August 5, 2025.

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