XAUUSD Technical Analysis 5th February 2025 1h chart

XAUUSD Technical Analysis 5th February 2025 1h chart
– Tuesday Daily candle closed strong Bullish at 2841.900 tapping into a new all time highs at 2845.700.

– I’ll be looking for potential Buys above 2850.000 targeting Potential Key Level at 2860s and next at 2870s.


– I’ll be looking for potential Sells below 2835.500 targeting previous 4h Resistance formed at 2825.000 Leaving Runners to the 4h Support formed at 2815.000.


– Price continues its upward surge, reaching new highs on the chart. Could upcoming high-impact news fuel the rally even further, or will it trigger a shift in momentum?