XAUUSD Technical Analysis 11th June 2024 1h chart

– Monday Daily candle closed weak Bullish at 2310.800 compared to the Friday Bearish move forming Daily Support at 2293.700 as price retraces correcting part of the move. I’ll be looking for potential Buys above 2314.000 targeting 4h previous Support formed at 2321.200 Leaving Runners to the previous Strong Daily Support formed back on 4th June 2024 around 2327.400. I’ll be looking for potential Sells below 2307.300 targeting Hourly Support around 2302.000 Leaving Runners to the Daily Support formed around 2293.700. There is a probability for price to continue Bullish for further correction from the Friday Bearish move prior to CPI and Federal Funds Rate for the US Dollar.