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Gold Spot / U.S. Dollar

XAUUSD Technical Analysis 20th March 2024 1h chart

By SalimFX20
– Tuesday Daily candle closed weak Bearish around 2157.600 as price rejects the previous Daily Low, I’ll be looking for potential Buys above 2163.000 targeting 4h Resistance around 2169.500 and next 4h Resistance around 2175.000, I’ll be looking for potential Sells below 2151.300 targeting 1h Strong Support around 2144.300 and 30min Previous Strong Resistance around 2135.000. High Impact News ahead of the New York session for the US Dollar for Bank Rate decision which may bring High Volume to the market.
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