XAUUSD Technical Analysis 8th February 2024 1h chart

8 Şub

– Wednesday Daily candle closed Doji Bearish around 2035.000 rejecting 2045 area on Daily timeframe, I’ll be looking for potential Buys above 2042.500 targeting Weekly Resistance (2049.200) and Daily Resistance (2055.200). I’ll be looking for potential Sells below 2030.700 targeting Daily Support (2025.000) and Weekly Support (2018.500). Overall price ranged on Wednesday on the hourly timeframe and 4h formed a Rejection to the upside during the New York Stock Exchange session.