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XAUUSD Technical Analysis 20th November 2024 1h chart | DM

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 XAUUSD Technical Analysis 20th November 2024 1h chart | DM

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Tuesday Daily candle closed Bullish at 2631.900 as price respect recent Daily Support formed on Monday. I'll be looking for potential Buys above 2635.000 targeting previous 4h Support formed on 15th October 2024 around 2643.000 Leaving Runners to the Strong Key Level at 2650.000. I'll be looking for potential Sells below 2628.500 targeting Hourly Support formed at 2619.000 Leaving Runners to the previous 4h Support formed on 13th November 2024 around 2612.600. Weekly has been Bullish retesting the previous Weekly Support formed in the beginning of October 2024, Bullish move is a retracement for price to form top wick on the Weekly before breaking the lows.

 

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