XAUUSD Technical Analysis 08.02.2022 1h chart

– Previous Daily candle closed strong Bullish above the recent Daily Resistance and breaking the previous Weekly High, there is high probability for price to pullback to 1816 area to retest the recent 4h Resistance on the left before continuing the Bullish Momentum for the week ahead.
– The 1st target for Buys 1828.800 is a strong Zone on the Higher Time Frame as it is the Monthly Resistance and 2nd target for Buys 1834 is the Previous Daily support formed on 24.02.2022 and its also Weekly resistance so price could easily reject those area strongly once tapped before the continuation.