XAUUSD Technical Analysis 21st October 2024 1h chart
– Previous Weekly candle closed strong Bullish at 2721.100 as prices of Gold hitting the new all time highs at 2722.800. Friday Daily candle also closed strong Bullish, I’ll be looking for potential Buys above 2722.800 targeting Potential Key Level at 2730s and 2740s. I’ll be looking for potential Sells below 2714.800 targeting recent 4h Support at 2706.200 Leaving Runners to recent the Strong Key Level at 2700s. Despite the Bullish Momentum on gold ideally is to wait for a retracement and Support to be formed before the continuation to the upside.
