XAUUSD Technical Analysis 6th March 2024 1h chart
– Tuesday Daily candle closed Weak Bullish as price forms a new range on the Hourly timeframe. I’ll be looking for potential Buys above 2134.000 anticipating for price to fill the previous Daily High around 2142.000 and to potentially retest the Monthly Rejection formed in December 2023 around 2149.300. I’ll be looking for potential Sells below 2123.000 targeting 1h Support around 2114.300 and 15min Rejection around 2107.800. We have high impact news ahead of the New York session for the US Dollar.
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