XAUUSD Technical Analysis 29th August 2024 1h chart

XAUUSD Technical Analysis 29th August 2024 1h chart
– Wednesday Daily candle closed strong Bearish at 2504.100 forming Daily Resistance around 2524.500 as price close back close to the 2500s. I’ll be looking for potential Buys above 2510.400 targeting 30min Resistance around 2516.400 Leaving Runners to the 1h previous Support formed around 2523.700. I’ll be looking for potential Sells below 2500.400 targeting Wednesday Daily Wick Fill around 2493.500  Leaving Runners to the 30min Support formed on 23rd August 2024 around 2488.400. High Impact News ahead of the New York session for the US Dollar which may bring High Volatility to the Market.