XAUUSD Technical Analysis 1st September 2025 1h chart

XAUUSD Technical Analysis 1st September 2025 1h chart
– August Monthly candle closed strong Bullish at 3447.300 filling the last 3 months rejection wicks. Previous Weekly candle closed strong Bullish closing above the highest Weekly resistance ever formed.

– I’ll be looking for potential Buys above 3454.500 targeting 4h Rejection formed on 22nd April 2025 around 3468.500 Leaving Runners to the previous Hourly Support formed on 22nd April 2025 around 3484.500.


– I’ll be looking for potential Sells below 3441.000 targeting previous Daily Resistance formed on 22nd July 2025 around 3432.000 Leaving Runners to the previous recent Hourly Resistance formed around 3422.000.


– With the highest monthly close ever recorded, September will be a key month — will momentum push to fresh highs, or will we see a strong rejection?