XAUUSD Technical Analysis 29th August 2025 1h chart

XAUUSD Technical Analysis 29th August 2025 1h chart
– Thursday Daily candle closed Bullish at 3416.400 as price break and close above strong Key Level of 3400s.

– I’ll be looking for potential Buys above 3422.500 targeting Weekly Resistance at 3433.000 Leaving Runners to the Hourly Resistance formed on 16th April 2025 around 3442.000.


– I’ll be looking for potential Sells below 3411.000 targeting previous 4h Resistance formed at 3401.000. Leaving Runners to the previous Hourly Range formed around 3393.000.


– Core PCE and UoM Consumer Sentiment on watch today — key drivers for USD. With weekly candle closing soon, all eyes remain on the 3400s. Will price secure a close above to confirm strength, or slip back below to signal weakness?