XAUUSD Technical Analysis 28th May 2025 1h chart

XAUUSD Technical Analysis 28th May 2025 1h chart
– Tuesday Daily candle closed strong Bearish at 3300.400 as price taps into recent Daily Support formed on Thursday 22nd May 2025 tapping into strong Key Level around 3300s.

– I’ll be looking for potential Buys above 3307.500 targeting previous 4h Rejection formed at 3323.000 Leaving Runners to the previous 4h Support formed at 3334.000.


– I’ll be looking for potential Sells below 3288.000 targeting Hourly Support formed at 3276.000 Leaving Runners to the previous Hourly Resistance formed on 13th May 2025 around 3262.000.


– Strong bearish move on the daily as price taps into a major key level around the 3300s. Is this the start of a deeper correction?