XAUUSD Technical Analysis 23rd April 2025 1h chart

XAUUSD Technical Analysis 23rd April 2025 1h chart
– Tuesday Daily candle closed Bearish at 3379.500 forming Daily Resistance at 3424.000.

– I’ll be looking for potential Buys above 3402.000 targeting Daily Resistance formed at 3430.000 Leaving Runners to the Hourly Resistance formed at 3457.000.


– I’ll be looking for potential Sells below 3367.000 targeting Daily Support at 3332.000 Leaving Runners to the 30min Support formed at 3312.000.


– After reaching a historical new high around the 3500s, price faced heavy rejection to the upside, leading to the formation of key daily resistance. Is this the start of a deeper pullback ?