XAUUSD Technical Analysis 24th December 2024 1h chart

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 XAUUSD Technical Analysis 24th December 2024 1h chart

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Monday Daily candle closed Bearish at 2612.500 forming weak Daily Resistance at 2623.500. I'll be looking for potential Buys above 2618.000 targeting 4h Resistance at 2627.000 Leaving Runners to the 4h Rejection formed at 2633.300. I'll be looking for potential Sells below 2608.000 targeting 30min Support formed at 2600.900 Leaving Runners to the 4h Support formed at 2592.500. With low market volume, this isn’t the ideal time to trade, as opportunities may be limited and volatility reduced. However, for those who are still planning to engage with the markets, I’m sharing this analysis to provide insights and potential setups. Remember to trade cautiously and manage your risk during these conditions!




 
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