XAUUSD Technical Analysis 10th February 2025 1h chart

XAUUSD Technical Analysis 10th February 2025 1h chart
– Previous Weekly candle closed strong Bullish at an all time high around 2860s. Friday Daily candle closed weak Bullish forming a huge Rejection to the Upside.

– I’ll be looking for potential Buys above 2865.000 targeting 4h Strong Resistance at 2872.000 Leaving Runners to the Hourly Resistance formed at 2880.500.


– I’ll be looking for potential Sells below 2856.000 targeting Hourly Support at 2848.500 Leaving Runners to the 4h Support formed at 2841.500.


– Gold surged to a new historical high of 2886.700 before facing heavy rejection. With Trump back in power, will we see continued volatility and a push higher, or is a deeper correction ahead?