XAUUSD Technical Analysis 17th March 2025 1h chart

XAUUSD Technical Analysis 17th March 2025 1h chart
– Previous Weekly candle closed strong Bullish at 2984.200 closing above recent Weekly Resistance. Friday Daily candle closed Bearish forming Daily Resistance at 2989.300 as price taps into an all time high at 3005s.

– I’ll be looking for potential Buys above 2989.800 targeting Hourly Resistance at 2998.800 Leaving Runners to the 3005s to retest the all time high.


– I’ll be looking for potential Sells below 2979.400 targeting 15min Support formed at 2971.000 Leaving Runners to retest Key Level around 2960s.


– Gold smashes through historical highs above $3,000, only to reject and close back below a major key level. Is this a trap or the calm before the storm? Watching closely for what’s next.