XAUUSD Technical Analysis 17th July 2025 1h chart

XAUUSD Technical Analysis 17th July 2025 1h chart
– Wednesday Daily candle closed Bullish around 3347.300 below recent Daily Resistance and rejecting the upside.

– I’ll be looking for potential Buys above 3355.000 targeting Hourly Strong Resistance at 3365.000 Leaving Runners to the Daily Rejection formed at 3377.500.


– I’ll be looking for potential Sells below 3340.000 targeting Hourly Support at 3326.500 Leaving Runners to the 4h Support formed at 3314.500.


– A strong retracement on the daily has pulled price back into the previous consolidation zone, signaling uncertainty as momentum stalls. With high-impact USD news on deck during the New York session, volatility is expected.