XAUUSD Technical Analysis 16th August 2024 1h chart – Thursday Daily candle closed Bullish around 2456.400 forming Daily Support around 2446.800 and Rejecting recent Daily Resistance formed on Monday. I’ll be looking for potential Buys above 2463.600 targeting Daily Resistance around 2470.500 Leaving Runners to the 15min Resistance formed around 2477.700. I’ll be looking for potential Sells below 2452.200 targeting 15min Support around 2444.200 Leaving Runners to the next 15min Support around 2437.200. Medium Impact News ahead of the New York session for the US Dollar which may bring volatility to the market. Will be keeping an eye and making a note on how this Weekly candle close as 2 Weekly candles rejected the 2475 level.