XAUUSD Technical Analysis 13th May 2025 1h chart

XAUUSD Technical Analysis 13th May 2025 1h chart
– Monday Daily candle closed Bearish at 3235.000 below recent Daily Support as price gap down at the new Weekly market open.

– I’ll be looking for potential Buys above 3243.000 targeting previous 1h Rejection at 3258.500 Leaving Runners to the Hourly Resistance formed at 3277.500.


– I’ll be looking for potential Sells below 3223.200 targeting Hourly Support formed at 3208.000 Leaving Runners to the Hourly Support formed on 14th April 2025 around 3197.500.


– High-impact CPI data (monthly & yearly) ahead for the US Dollar — all eyes on inflation figures. Will the release shift momentum or extend the current trend? Big moves expected.