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Oct 21, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold trades around $4,333 per ounce after a mild corrective move.


 The broader trend remains bullish, though the metal faces strong resistance at $4,370.


 The MACD shows weakening positive momentum, while short-term moving averages still support the uptrend.

Support: 4,290 – 4,180
Resistance: 4,370 – 4,420

  • Technical Reason: Profit-taking after a steady rally driven by lower U.S. Treasury yields.
  • Outlook: Short-term correction likely before a potential rebound if support at 4,290 holds.
     

 

 
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

Oil trades near $56.97, holding steady after limited fluctuations.


The price remains range-bound between $56 and $58 amid a balance between oversupply concerns and improving Asian demand.


The MACD shows neutral momentum with a weak trend bias.

Support: 56.20 – 55.60
Resistance: 57.80 – 58.30

  • Technical Reason: Pressure from increased OPEC+ output offset by improving Chinese demand data.
  • Outlook: Stable within the current range with a slight downside bias if supply surplus persists.
     

 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

The index trades around 25,128.87, rebounding strongly from support near 24,700.


Technical indicators show recovering momentum as MACD turns back into positive territory.


However, the ascending trendline remains under test amid pressure from elevated bond yields.

Support: 24,900 – 24,700
Resistance: 25,250 – 25,500

  • Technical Reason: Tech stocks recovery supported by a slight drop in U.S. yields.
  •  Outlook: Continued upside attempts as long as 24,900 support holds.
     


 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

The index trades around 46,676.90, showing a modest upward bias.


The medium-term trend remains positive, though momentum has slowed.


The MACD tilts slightly bearish, while moving averages signal fading upside strength.

Support: 46,350 – 46,000
Resistance: 46,900 – 47,200

  • Technical Reason: Investor caution ahead of major U.S. earnings reports.
  • Outlook: Sideways trading with a mild bullish bias unless 46,350 support breaks.
     



 

- A look at yesterday report dated October 20, 2025.

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