XAUUSD Technical Analysis 24th February 2025 1h chart

XAUUSD Technical Analysis 24th February 2025 1h chart
– Previous Weekly candle closed Bullish at 2935.900, However the Friday Daily candle closed weak Bearish as price started to range on the Daily timeframe.

– I’ll be looking for potential Buys above 2943.000 targeting 4h Resistance at 2951.500 Leaving Runners to the Potential Key Level around 2960s.


– I’ll be looking for potential Sells below 2928.800 targeting 30min Support formed at 2919.500 Leaving Runners to the Hourly Support formed at 2911.500.


– Despite a bullish weekly close, price has been consolidating on the daily timeframe. Will we see a breakout, or will the range continue?