XAUUSD Technical Analysis 2nd April 2025 1h chart

XAUUSD Technical Analysis 2nd April 2025 1h chart 1
– Tuesday Daily candle closed weak Bearish at 3113.700 forming Daily Resistance at 3123.400 as price forms a Rejection to the upside.

– I’ll be looking for potential Buys above 3120.500 targeting 4h Resistance at 3133.500 Leaving Runners to the next 4h Resistance around 3145.000.


– I’ll be looking for potential Sells below 3106.500 targeting 4h previous Rejection formed at 3097.900 Leaving Runners to the previous Hourly Resistance formed at 3090.000.


– A new all-time high of 3149 was tapped to start April, but price quickly rejected, forming daily resistance. Is this the start of a pullback, or will bulls regain control?