XAUUSD Technical Analysis 24th January 2025 1h chart

XAUUSD Technical Analysis 24th January 2025 1h chart
– Thursday Daily candle closed small Bearish at 2754.200 leaving a huge 180 Pip Rejection to the downside.

– I’ll be looking for potential Buys above 2760.000 targeting previous 1h Support formed on 29th October 2024 around 2769.500 Leaving Runners to the previous Hourly Support formed on 30th October 2024 around 2777.500.


– I’ll be looking for potential Sells below 2751.300 targeting 4h Support formed at 2741.600 Leaving Runners to the Daily Rejection formed around 2735.600.


– Price is holding steady at the key level of 2760.000. Will the upcoming high-impact news be the trigger for a breakout? Stay tuned for potential volatility!