XAUUSD Technical Analysis 28th August 2024 1h chart
– Tuesday Daily candle closed Bullish around 2524.700 within recent Hourly Resistance level. I’ll be looking for potential Buys above 2530.000 targeting Potential Key Level at 2540s and 2550s. I’ll be looking for potential Sells below 2521.400 targeting Hourly Support around 2512.200 Leaving Runners to the 4h Support formed around 2506.600. Price trying to break above the recent all time high but keeps on rejecting and retracing so ideally is to wait for a good confirmation to have the increased probability for price to continue Bullish.