XAUUSD Technical Analysis 17th October 2024 1h chart
– Wednesday Daily candle closed Bullish at 2673.800 almost breaking above the All Time High, price has retraced and left a wick Rejection to the Upside. I’ll be looking for potential Buys above 2676.700 targeting 4h Resistance formed at 2682.400 Leaving Runners to the 2690s for potential Key Level. I’ll be looking for potential Sells below 2666.700 targeting 4h Support formed at 2660.000 Leaving Runners to the 4h previous Resistance formed at 2654.200. High and Medium Impact News ahead of the New York session for the US Dollar, High Volatility expected.