XAUUSD Technical Analysis 11th August 2025 1h chart

XAUUSD Technical Analysis 11th August 2025 1h chart
– Previous Weekly candle closed Bullish at 3397.000 as price close above recent Weekly Resistance. Friday Daily candle closed weak Bearish as price forms Consolidation Zone on the 4h timeframe.

– I’ll be looking for potential Buys above 3402.000 targeting Hourly Resistance at 3414.000 Leaving Runners to the 4h Resistance formed at 3428.000.


– I’ll be looking for potential Sells below 3383.500 targeting Daily Support formed at 3369.000 Leaving Runners to the 4h Support formed at 3358.000.


– The current monthly candle is pushing bullish, now approaching a key monthly rejection level while trading within the strong 3400s zone.