XAUUSD Technical Analysis 1st December 2025 1h chart

XAUUSD Technical Analysis 1st December 2025 1h chart
– November Monthly candle closed Bullish at 4218.500 below October High. Previous Weekly candle closed strong Bullish breaking above recent Weekly Resistance and Friday closed strong Bullish.

– I’ll be looking for potential Buys above 4228.000 targeting Daily Rejection formed on 12th November 2025 around 4245.000 Leaving Runners to the previous 4h Support formed on 20th October 2025 around 4258.000.


– I’ll be looking for potential Sells below 4206.000 targeting Hourly Rejection formed at 4186.000 Leaving Runners to the 4h Support formed at 4166.000.


– Bullish momentum on gold is still intact, and attention now shifts to whether December will deliver a seasonal rally or simply range due to reduced holiday volume. The next few days should provide clearer direction.