XAUUSD Technical Analysis 17th December 2024 1h chart

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 XAUUSD Technical Analysis 17th December 2024 1h chart

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Monday Daily candle closed weak Bullish at 2652.400 rejecting the upside. I'll be looking for potential Buys above 2655.500 targeting 4h Resistance at 2661.800 Leaving Runners to the previous 4h Resistance formed on 10th December 2024. I'll be looking for potential Sells below 2647.000 targeting previous Hourly Resistance formed on 9th December 2024 around 2640.300 Leaving Runners to the Daily Support formed at 2631.300. High-impact news ahead of the New York session: US Core Retail Sales m/m and Retail Sales m/m data set to drive USD volatility.


 

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