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Gold Spot / U.S. Dollar

XAUUSD Technical Analysis 1st March 2024 1h chart

By SalimFX20
– Thursday Daily candle closed extremely Bullish around 2044.500 breaking above recent Daily Resistance. I’ll be looking for potential Buys above 2050.800 targeting 4h Resistance around 2056.900 and Weekly Resistance around 2062.900. I’ll be looking for potential Sells below 2041.500 targeting 4h Support around 2034.500 and 30min Support around 2028.200. High Impact News ahead of the New York session for the US Dollar which may create volatility in the market.
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