XAUUSD Technical Analysis 13th March 2025 1h chart

XAUUSD Technical Analysis 13th March 2025 1h chart
– Wednesday Daily candle closed Bullish at 2933.400 closing above recent Daily Resistance / Rejection Level.

– I’ll be looking for potential Buys above 2940.600 targeting 30min previous Support formed on 28th February 2025 around 2947.300 Leaving Runners to the 4h Resistance formed on 24th February 2025 at 2954.500.


– I’ll be looking for potential Sells below 2930.600 targeting previous 4h Resistance at 2922.400 Leaving Runners to the 4h Strong Support formed at 2914.000.


– High-impact news scheduled ahead of the New York session open. Market volatility could increase as key data is released, setting the stage for potential price action moves.