XAUUSD Technical Analysis 10th May 2024 1h chart

– Thursday Daily candle closed extremely Bullish at 2346.300 forming Daily Support at 2308.800. I’ll be looking for potential Buys above 2349.500 targeting 4h previous Support formed at 2357.400 and 30min Resistance around 2363.600. I’ll be looking for potential Sells below 2336.300 targeting Hourly Support at 2328.800 and Hourly previous Resistance around 2320.700. As Thursday Daily candle closed Bullish breaking out of the recent Daily Range increases the probability of price continuing Bullish, 2350s Key Level could be a Rejection point at any time for price to continue Bullish.