XAUUSD Technical Analysis 10th December 2024 1h chart

Currently reading:
 XAUUSD Technical Analysis 10th December 2024 1h chart

Deadpool

Drainer :)
Staff member
Administrator
Crax Cloud
Amateur
LV
12
Joined
Nov 15, 2020
Threads
5,205
Likes
15,296
Awards
19
Credits
150,040©
Cash
9$
1000187923

Monday Daily candle closed Bullish at 2660.000 as price closed above recent Daily Consolidation Zone. I'll be looking for potential Buys above 2663.300 targeting Hourly Resistance at 2669.000 Leaving Runners to the next Hourly Resistance formed at 2674.300. I'll be looking for potential Sells below 2653.500 targeting previous 4h Resistance formed at 2646.700 Leaving Runners to the 4h Support formed at 2637.700. Finally, a breakout! price closes outside the daily consolidation zone after 2 weeks. The big question: will the bullish momentum continue?

 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Tips

Similar threads

Top Bottom