XAUUSD Technical Analysis 5th August 2025 1h chart

XAUUSD Technical Analysis 5th August 2025 1h chart
– Monday Daily candle closed weak Bullish at 3373.600 as price break above the recent 4h range.

– I’ll be looking for potential Buys above 3378.500 targeting 4h Rejection formed at 3386.500 Leaving Runners to the next 4h Rejection formed at 3396.000.


– I’ll be looking for potential Sells below 3367.500 targeting Hourly Strong Support formed at 3357.500 Leaving Runners to the next Hourly Strong Support formed at 3347.500.


– Gold remains range-bound after a strong bullish impulse, showing signs of indecision as it awaits direction. With high-impact ISM Services PMI news scheduled, a breakout could be imminent. A bullish or bearish move will likely depend on the data outcome.