XAUUSD Technical Analysis 23rd August 2024 1h chart

XAUUSD Technical Analysis 23rd August 2024 1h chart
– Thursday Daily candle closed strong Bearish at 2484.400 breaking and closing below 2500s forming Daily Resistance around 2511.500. I’ll be looking for potential Buys above 2488.100 targeting 15min previous Support formed around 2496.100 Leaving Runners to the 4h Resistance formed around 2503.700. I’ll be looking for potential Sells below 2477.100 targeting Thursday Daily Wick Fill around 2470.300 Leaving Runners to the 30min Support formed at 2463.500. Despite Daily closing Bearish the trend is still extremely Bullish so the Sells from Thursday could be price retracing retesting the recent broken High of 2484 before the continuation to the upside.