SalimFX20

XAUUSD Technical Analysis 13th February 2024 1h chart

OANDA:XAUUSD   Gold Spot / U.S. Dollar
– Monday Daily candle closed weak Bearish within 2020 level as price ranged within 4h timeframe. I’ll be looking for potential Buys above 2026.500 targeting 1h Resistance (2033.000) and 4h Strong Resistance (2037.600) same Buys ideas we’ve had on the previous Analysis. I’ll be looking for potential Sells below 2017.700 targeting 1h Support (2012.700) and retesting Daily Support formed on Thursday 19th January around 2006.100. We have CPI data during the New York session for the US Dollar which may bring some volatility to the market.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.