XAUUSD Technical Analysis 15.02.2022 1h chart

– Previous Daily candle on Gold has already broken the previous Weekly High tapping into Daily Rejection Zone at 1875 from 16.11.2021, As Gold has moved up $43 from the most recent Daily Resistance and approaching the Daily Consolidation Zone that was formed in the middle of November last year there is a higher probability for price to form resistance around 1875 to then pullback to 1860 to retest the broken 4h Resistance.