XAUUSD Technical Analysis 1st August 2024 1h chart

– Wednesday Daily candle closed strong Bullish around 2447.200 breaking above Daily Rejection formed on 23rd July 2024 and tapping into strong Key Level of 2450s. I’ll be looking for potential Buys above 2451.200 targeting 1h Resistance formed on 18th July 2024 around 2457.500 Leaving Runners to the 4h Resistance formed on 18th July 2024 around 2466.000. I’ll be looking for potential Sells below 2442.200 targeting 15min Support formed around 2432.000 Leaving Runners to the Hourly Support formed around 2422.400. High Impact News ahead of the New York session for the US Dollar and High Volatility expected.