XAUUSD Technical Analysis 23rd December 2024 1h chart

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 XAUUSD Technical Analysis 23rd December 2024 1h chart

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Previous Weekly candle closed weak Bearish at 2622.500 breaking below recent Weekly Support formed last week, Friday Daily candle closed Bullish filling the Thursday Daily High. I'll be looking for potential Buys above 2630.500 targeting 30min Resistance at 2640.000 Leaving Runners to the Daily Resistance formed at 2651.000. I'll be looking for potential Sells below 2617.500 targeting previous 4h Support formed at 2606.700 Leaving Runners to the Hourly Support formed at 2596.700. Medium-impact news ahead of the New York session: Keep an eye on CB Consumer Confidence data for the US Dollar.




 

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