XAUUSD Technical Analysis 16th October 2025 1h chart

XAUUSD Technical Analysis 16th October 2025 1h chart
– Wednesday Daily candle closed Bullish as another Daily candle forming a new all time high at 4218.200.

– I’ll be looking for potential Buys above 4211.500 targeting Potential Key Level at 4225s and 4240s.


– I’ll be looking for potential Sells below 4190.500 targeting Hourly Strong Support formed at 4175.000 Leaving Runners to the 4h Rejection formed at 4161.900.


– Gold continues its bullish run, nearing an all-time high at $4,218 and approaching $4,220. With the Philly Fed Manufacturing Index data and Fed member Waller’s speech tomorrow, all eyes are on how these factors might influence gold’s momentum.