SalimFX20

XAUUSD Technical Analysis 02.02.2024 1h chart

OANDA:XAUUSD   Gold Spot / U.S. Dollar
– Thursday Daily candle closed strong Bullish at 2055.200 within Daily Resistance formed on Tuesday 16th January 2024, As per the Analysis posted yesterday (XAUUSD 01.02.2024 1h chart) the Buys played out exactly as anticipated. For Friday we have High Impact News event for the US Dollar. I’ll be looking for potential Buys above 2060.800 targeting 2066.200 for price to fill previous Daily High and Weekly Resistance (2072.200) for potential retest. I’ll be looking for Sells below 2051.300 to retest 30min recent Support (2045.500) and 4h Support (2039.000).

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