XAUUSD Technical Analysis 2nd December 2025 1h chart

XAUUSD Technical Analysis 2nd December 2025 1h chart
– Monday Daily candle closed weak Bullish at 4231.500 rejecting the upside as price form a small range on the 4h timeframe.

– I’ll be looking for potential Buys above 4241.000 targeting Hourly Resistance at 4256.000 Leaving Runners to the Hourly Rejection formed on 21st October 2025 around 4272.000.


– I’ll be looking for potential Sells below 4223.000 targeting Hourly Rejection formed at 4205.000 Leaving Runners to the previous 4h Resistance formed at 4191.000.


– Fed Chair Powell due to participate in a panel discussion about his economic policy contributions at the Stanford University. 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.