XAUUSD Technical Analysis 5th September 2024 1h chart

XAUUSD Technical Analysis 5th September 2024 1h chart
– Wednesday Daily candle closed weak Bullish at 2495.000 forming weak Daily Support at 2492.100 as price forms a huge Rejection to the downside. I’ll be looking for potential Buys above 2500.500 targeting 4h Resistance around 2506.500 Leaving Runners to the 4h previous Support formed on 30th August 2024 around 2513.000. I’ll be looking for potential Sells below 2491.400 targeting Daily Support around 2483.400 Leaving Runners to the 4h strong Support formed around 2473.400. High Impact News ahead of the New York session for the US Dollar which may bring high volatility to the market.