XAUUSD Technical Analysis 19th May 2025 1h chart

XAUUSD Technical Analysis 19th May 2025 1h chart
– Previous Weekly candle closed Bearish at 3202.800 as price breaks below recent Weekly Support. Friday Daily candle closed Bearish as consolidation continue on the Daily timeframe.

– I’ll be looking for potential Buys above 3209.200 targeting Hourly Rejection formed at 3231.200 Leaving Runners to the 4h Resistance formed at 3245.200.


– I’ll be looking for potential Sells below 3187.200 targeting Hourly Support formed at 3172.200 Leaving Runners to fill the Friday Daily Low around 3154.200.


– As price break and closed below Weekly Range there is a high probability for price to continue Bearish to retest the Major Key Level around 3000s.