XAUUSD Technical Analysis 6th March 2025 1h chart

XAUUSD Technical Analysis 6th March 2025 1h chart
– Wednesday Daily candle closed Doji Bullish at 2918.700 as price continues to range on the 4h timeframe.

– I’ll be looking for potential Buys above 2925.000 targeting previous Daily Support formed at 2932.800 Leaving Runners to the 1h Strong Resistance formed at 2941.800.


– I’ll be looking for potential Sells below 2913.000 targeting previous 4h Support formed at 2906.500 Leaving Runners to the 4h Support formed at 2900.000.


– High-impact news ahead in the New York session with unemployment claims on watch. Price still ranging, possibly waiting for FOMC this Friday to bring back volume.