XAUUSD Technical Analysis 25.11.2022 1h chart

– Previous Daily candle closed Bullish at 1755.800 as price consolidated on Thursday’s trading session.
– Buys on close above 1755.800 targeting 4h Resistance at 1764.300, Leaving Runners to the 4h previous Support formed on 15th November 2022.
– Sells on close below 1753.000 targeting 1h Support at 1749.200, Leaving Runners to the 30min Support formed at 1743.800.
– Currently the Weekly candle has flipped Bullish leaving a 240 Pip Rejection wick to the downside.