SalimFX20

XAUUSD Technical Analysis 20th February 2024 1h chart

OANDA:XAUUSD   Gold Spot / U.S. Dollar
– Monday Daily candle closed small Bullish as price ranges on the 4h timeframe. I’ll be looking for potential Buys above 2022.400 targeting 1h Resistance at 2028.400 and 4h Resistance at 2034.400. I’ll be looking for potential Sells below 2013.100 targeting 1h previous Resistance at 2007.600 and recent 4h Support at 2001.300. There is still a good probability for price to fill the previous Weekly Low. Would be good to have 4h rejection to upside followed by 4h / Daily Resistance to have the probability on our favour

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