XAUUSD Technical Analysis 19th March 2024 1h chart
– Monday Daily candle closed weak Bullish around 2160.400 forming weak Daily Support around 2156.000. I’ll be looking for potential Buys above 2164.400 targeting 1h Resistance around 2172.000 and Weekly Resistance around 2179.200, I’ll be looking for potential Sells below 2154.400 targeting recent 4h Support around 2147.300 and next Hourly Strong Support around 2140.500. As Daily formed weak Daily Support for Monday, If price break below 2146.100 during High Volume Time there will be a higher probability for price to continue bearish to at least 2030s.
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