XAUUSD Technical Analysis 18th June 2024 1h chart

– Monday Daily candle closed Bearish at 2318.800 forming Daily Resistance around 2331.000 closing back within recent Daily Range. I’ll be looking for potential Buys above 2324.500 targeting Daily Resistance formed around 2331.000 Leaving Runners to the 4h Resistance formed around 2338.000. I’ll be looking for potential Sells below 2312.500 targeting Hourly Support formed around 2305.000 Leaving Runners to the 4h Support formed around 2298.500. High Impact News ahead of the New York session for the US Dollar which may bring volume to the market and get the opportunity for price to break out of the current Consolidation Zone on the Daily timeframe.