XAUUSD Technical Analysis 29th May 2025 1h chart

XAUUSD Technical Analysis 29th May 2025 1h chart
– Wednesday Daily candle closed small Bearish at 3286.900 as price close below recent Daily Support.

– I’ll be looking for potential Buys above 3302.000 targeting Hourly Resistance at 3313.500 Leaving Runners to the next Hourly Resistance formed at 3324.500.


– I’ll be looking for potential Sells below 3277.000 targeting previous Hourly Resistance formed on 13th May 2025 around 3262.500 Leaving Runners to the previous Daily Resistance formed on the same day around 3250.000.


– High-impact news ahead for the US dollar — will it be the catalyst for a breakout or a fakeout? Markets are bracing for volatility. Stay ready.