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Sep 17, 2025

XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

  • Trend: Gold continues its bullish run, currently trading at 3682.13, fueled by weaker dollar sentiment.

 

  • Resistance: Major hurdle at 3697 (recent record high); above this, targets lie at 3720 and 3750.

 

  • Support: Initial support at 3665, followed by 3635.

 

  • MACD: Still positive, but momentum shows early signs of slowing.


Outlook: Holding above 3665 keeps the bullish bias intact; a pullback toward 3635 is possible if short-term pressure emerges.

 
USOIL Chart on the hourtly time frame

USOIL Chart on the hourtly time frame

  • Trend: Oil has been in an uptrend since the beginning of September, moving within an ascending channel.

 

  • Resistance: It is testing the 64.20–64.50 area, a strong resistance that could hinder the continued rise.

 

  • Support: The nearest support is at 63.60, followed by stronger support at 61.80.

 

  • MACD: Momentum is positive with strong green bars, supporting the continuation of the uptrend.

 

Expectation: A break above 64.50 could extend the rise towards 65.00, while a failure could lead to a downward correction towards 63.60.
 
USTEC chart on the hourly time frame

USTEC chart on the hourly time frame

  • Trend: The overall trend is bullish, but signs of a decline have begun after reaching approximately 24,350.
     
  • Resistance: The recent high at 24,357 represents an important barrier, and if broken, we could see a new upside move.

 

  • Support: The nearest support is at 24,170, followed by stronger support near 23,800.

 

  • MACD: Momentum is weakening as red bars have begun to appear, indicating a potential correction.

 

Expectation: If trading maintains above 24,170, a rebound could occur. A break above it could pave the way for a deeper decline toward 23,800.

 
US30 chart on the hourly time frame

US30 chart on the hourly time frame

  • Trend: The price is also in an uptrend, forming a similar upward channel. The price is currently experiencing some pullback near the resistance zone.

 

  • Resistance: There is a resistance area around 46,119, and the price is currently testing it. A failure to break this resistance could cause a further downward correction.

 

  • Support: Support is located at 45,450, and if the price declines toward this level, it could be a strong buying zone if the trend continues.

 

  • MACD: The MACD histogram is showing some weakening momentum, as the green bars are smaller compared to the previous highs, which might signal a potential reversal or consolidation near current levels.

Analysis: Index is struggling near resistance. A break below 45,430 could trigger a deeper drop. Holding above 45,900 keeps the bullish structure alive.

 

A review of yesterday's report dated September 16, 2025.

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