XAUUSD Technical Analysis 23rd October 2025 1h chart

XAUUSD Technical Analysis 23rd October 2025 1h chart
– Wednesday Daily candle closed weak Bearish at 4097.800 forming a huge Rejection at 4000s.

– I’ll be looking for potential Buys above 4114.000 targeting Hourly Resistance at 4156.000 Leaving Runners to the Strong Key Level at 4200.000.


– I’ll be looking for potential Sells below 4076.000 targeting 30min Support formed at 4046.000 Leaving Runners to the Hourly Support formed at 4015.000.


– Gold shows a huge rejection on the daily as price turns bearish. Momentum is shifting, and traders are watching closely to see if this marks the start of a deeper correction or just a temporary pullback. What happens next?