XAUUSD Technical Analysis 5th March 2025 1h chart

XAUUSD Technical Analysis 5th March 2025 1h chart
– Tuesday Daily candle closed strong Bullish at 2917.900 breaking above 2900s strong Key Level.

– I’ll be looking for potential Buys above 2924.800 targeting previous Daily Support range formed around 2932.800 Leaving Runners to the Hourly strong Resistance formed around 2941.800.


– I’ll be looking for potential Sells below 2911.300 targeting Hourly Support formed at 2903.300 Leaving Runners to the previous 4h Resistance formed at 2894.500.


– Major market-moving events ahead as the New York session opens! Expect increased volatility for the USD.