XAUUSD Technical Analysis 30th December 2024 1h chart

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 XAUUSD Technical Analysis 30th December 2024 1h chart

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Previous Weekly candle closed Doji Bearish at 2620.900, Friday Daily candle closed Bearish as price continues to range due to low volume over the Christmas period. I’ll be looking for potential Buys above 2623.000 targeting Hourly Resistance at 2629.000 Leaving Runners to the next Hourly Resistance formed at 2636.400. I’ll be looking for potential Sells below 2615.300 targeting Hourly Strong Support formed at 2609.700 Leaving Runners to the next Hourly Support formed at 2603.600. 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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