XAUUSD Technical Analysis 28th July 2025 1h chart

XAUUSD Technical Analysis 28th July 2025 1h chart
– Previous Weekly candle closed weak Bearish at 3336.500 forming a huge Rejection wick to the upside, Friday Daily candle closed Bearish above recent Daily Support.

– I’ll be looking for potential Buys above 3344.000 targeting Hourly Resistance at 3360.000 Leaving Runners to the 4h Resistance formed at 3372.000.


– I’ll be looking for potential Sells below 3328.000 targeting 4h Support at 3313.000 Leaving Runners to the Strong Key Level around 3300.000.


– Massive weekly rejection to the upside. Is this the start of a higher timeframe correction? Momentum shift incoming?