XAUUSD Technical Analysis 23rd June 2025 1h chart

XAUUSD Technical Analysis 23rd June 2025 1h chart
– Previous Weekly candle closed strong Bearish at 3368.100 forming Weekly Resistance at 3432.500. Friday Daily candle closed Weak Bearish rejecting the downside.

– I’ll be looking for potential Buys above 3374.500 targeting previous 4h Support formed on 18th June 2025 around 3383.500 Leaving Runners to the 4h Strong Resistance formed on the same date around 3395.500.


– I’ll be looking for potential Sells below 3361.500 targeting Strong Key Level around 3350s Leaving Runners to the Daily Rejection formed at 3340.000.


– High-impact U.S. data set to hit ahead of the New York session, while rising tensions in the Middle East add a layer of geopolitical risk. Will fundamentals or fear drive the next major move?