XAUUSD Technical Analysis 28th April 2025 1h chart

XAUUSD Technical Analysis 28th April 2025 1h chart
– Previous Weekly candle closed weak Bearish at 3318.700 forming weak Weekly Resistance at 3331.700 leaving a huge rejection wick to the upside. Friday Daily candle closed small Bearish respecting Daily Support formed on Thursday.

– I’ll be looking for potential Buys above 3325.000 targeting previous 4h Resistance formed at 3337.000 Leaving Runners to the Hourly Resistance formed at 3350.000.


– I’ll be looking for potential Sells below 3304.500 targeting Hourly Support at 3288.000 Leaving Runners to the 30min Support formed at 3272.000.


– Previous week, gold tapped a new all-time high around the 3500s before forming a massive rejection to the upside. Will this mark the start of a deeper pullback, or will bulls regain momentum for the new week?