XAUUSD Technical Analysis 6th February 2025 1h chart

XAUUSD Technical Analysis 6th February 2025 1h chart
– Wednesday Daily candle closed strong Bullish at 2666.700 reaching a new all time high at 2882.900.

– I’ll be looking for potential Buys above 2871.000 targeting Hourly Resistance at 2880.200 Leaving Runners to the next Potential Key Level around 2890s.


– I’ll be looking for potential Sells below 2861.500 targeting 30min Strong Support formed at 2852.200 Leaving Runners to the Hourly Support formed at 2844.200.


– Gold continues to push higher, setting a new all-time high as market volume surges. With NFP on the horizon, will price start to retrace or will the bullish momentum carry on?