XAUUSD Technical Analysis 29th July 2025 1h chart

XAUUSD Technical Analysis 29th July 2025 1h chart
– Monday Daily candle closed weak Bearish at 3314.100 tapping and closing above Daily Support formed on 8th July 2025.

– I’ll be looking for potential Buys above 3319.000 targeting previous Hourly Support formed at 3331.500 Leaving Runners to the 4h Resistance formed at 3340.500.


– I’ll be looking for potential Sells below 3302.000 targeting 4h Support at 3285.000 Leaving Runners to the Daily Support formed on 29th June 2025 around 3273.000.


– High-impact news incoming ahead of the New York session. With current bearish momentum, will price extend lower — or shift course?