XAUUSD Technical Analysis 25th October 2024 1h chart
– Thursday Daily candle closed Bullish at 2736.300 forming Daily Support at 2715.300 as Weekly starts to retrace. I’ll be looking for potential Buys above 2739.500 targeting 4h previous Support formed at 2745.500 Leaving Runners to the Hourly Resistance formed at 2751.000. I’ll be looking for potential Sells below 2731.000 targeting 30min Support at 2725.500 Leaving Runners to the 30min Strong Support formed at 2714.300. Core Durable Goods Orders m/m, Durable Goods Orders m/m and Revised UoM Consumer Sentiment news ahead of the New York session.