XAUUSD Technical Analysis 04.12.2023 1h chart

– Previous Weekly candle closed extremely Bullish around 2072.100, Friday Daily candle also closed strong Bullish.
– Buys on close above 2075.500 targeting 2080.000 as price breaks through the new historical high, Leaving Runners to the 2085.000s
– Sells on close below 2065.500 targeting 15min Support around 2060.000, Leaving Runners to the 4h previous Resistance formed on 4th May 2023 around 2054.500.

– Buys targets are only estimated targets to where price gunna go next as we have no historical data above 2075s.