XAUUSD Technical Analysis 16th July 2025 1h chart

XAUUSD Technical Analysis 16th July 2025 1h chart
– Tuesday Daily candle closed strong Bearish at 3323.600 respecting Daily Resistance formed on Monday.

– I’ll be looking for potential Buys above 3331.000 targeting previous 30min Support formed at 3341.000 Leaving Runners to the 30min Rejection formed at 3352.000.


– I’ll be looking for potential Sells below 3320.000 targeting Hourly Strong Support formed at 3308.500 Leaving Runners to the Strong Key Level around 3300s.


– Bearish momentum is building on the weekly as price rejects the upside. With buyers losing steam, will sellers take control.