XAUUSD Technical Analysis 30th January 2025 1h chart

XAUUSD Technical Analysis 30th January 2025 1h chart
– Wednesday Daily candle closed Bearish at 2758.400 forming weak Daily Resistance at 2764.000.

– I’ll be looking for potential Buys above 2764.000 targeting Hourly Resistance formed at 2772.500 Leaving Runners to the 4h Resistance formed at 2782.500.


– I’ll be looking for potential Sells below 2750.400 targeting Hourly Support at 2742.300 Leaving Runners to the 4h Support formed at 2733.600.


– Major economic data releases ahead, including Advance GDP (Q/Q), Unemployment Claims, Advance GDP Price Index (Q/Q), and Pending Home Sales (M/M). Expect high volatility and sharp market movements, stay prepared!