XAUUSD Technical Analysis 7th October 2024 1h chart

XAUUSD Technical Analysis 7th October 2024 1h chart
– Previous Weekly candle closed Weak Bearish at 2653.000 forming Weekly Resistance at 2658.500, Friday Daily candle closed weak Bearish rejecting Daily Support formed on last Monday. I’ll be looking for potential Buys above 2658.500 targeting Hourly Resistance at 2667.500 Leaving Runners to the 2675s to retest Daily Resistance. I’ll be looking for potential Sells below 2645.500 targeting 4h Support formed at 2638.500 Leaving Runners to fill the Daily Wick around 2631.700. Overall price ranged on Daily timeframe and price rejected the downside multiple times so overall Daily still consolidating.