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Dec 17, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold maintains its overall upward trend despite a short-term easing of momentum, trading near 4332 within a clear ascending channel.

The recent correction is considered normal after reaching new highs, and the technical structure remains positive as long as the price holds above 4280. The MACD indicator suggests a slowdown in momentum without a clear negative reversal.

Overall trend: Upward
Support: 4280 – 4248
Resistance: 4355 – 4380

Expectation: Any bounce from the support zones could lead to a retest of the highs, while a break below 4280 could open the door to a wider correction.
 
USOIL Chart on the hourtly time frame

USOIL Chart on the hourly time frame

Oil is moving within a narrow range with a slight downward bias, influenced by profit-taking and persistent concerns about global demand.

Holding above 55.60 maintains the potential for consolidation, while a break below this level could deepen the correction.

Overall Trend: Neutral
Support: 55.60 – 54.80
Resistance: 56.90 – 57.60

Expectation: Sideways movement with a cautious bias until demand and energy data become clearer.
 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

The index is moving within a limited corrective range after the recent upward surge, with continued support from expectations of monetary easing through 2026.

General Trend: Upward with a Correction
Support: 24800
Resistance: 25450

As long as the index maintains trading above 24800, the chances of resuming the upward trend remain, with the possibility of retesting 25450 and then 25800 later.

A break below 24800 would indicate a deeper, temporary correction towards 24500 before new buyers emerge.
 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

Recorded a slight pullback due to profit-taking, without breaking the overall upward structure.

General Trend: Upward
Support: 47800
Resistance: 48600

Trading above 47800 supports the continuation of the upward trend and a move towards 48600 and then 49000.

Conversely, a break below 47800 could push the index into a limited correction towards 47200 without altering the overall positive outlook.
 

- A look at yesterday report dated Dec 16, 2025.

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