XAUUSD Technical Analysis 22nd January 2025 1h chart

XAUUSD Technical Analysis 22nd January 2025 1h chart 1
– Tuesday Daily candle closed strong Bullish at 2744.300 as price push through multiple Daily Resistances formed within the last 2 months.

– I’ll be looking for potential Buys above 2746.000 targeting 4h Resistance formed on 1st November 2024 around 2754.000 Leaving Runners to the Daily Rejection formed on 31st October 2024 around 2762.200.


– I’ll be looking for potential Sells below 2738.000 targeting 1h previous Resistance formed at 2730.000 Leaving Runners to the 4h Support formed at 2721.000.


– Gold sees a surge in volume 1 day post-Inauguration as Trump announces key changes. Will this drive momentum or signal a reversal? Watch key levels!