XAUUSD Technical Analysis 18th February 2025 1h chart

XAUUSD Technical Analysis 18th February 2025 1h chart
– Monday Daily candle closed small Bullish at 2897.300 forming small Daily Support at 2883.700 as price ranged due to US Bank Holiday.

– I’ll be looking for potential Buys above 2903.500 targeting previous Hourly Support at 2912.800 Leaving Runners to the Hourly Resistance formed at 2921.000.


– I’ll be looking for potential Sells below 2895.000 targeting 4h Rejection formed at 2888.400 Leaving Runners to the Hourly Support formed at 2878.800.


– With low liquidity due to the U.S. bank holiday, price failed to break above the 2900 level. Will momentum return, or is further consolidation ahead?