XAUUSD Technical Analysis 1st April 2024 1h chart

– Previous Weekly candle closed Strong Bullish around 2234.000 filling the previous Weekly High as anticipated, I’ll be looking for potential Buys above 2236.700 targeting 2250.000 potential Strong Key Level and 2260.000 as another Key Level as price breaks through the all time high. I’ll be looking for potential Sells below 2220.000 targeting Hourly Support around 2207.500 and 4h Support around 2194.500. Now despite Gold being extremely Bullish on all time frames it is very important to pay attention on taking impulsive Buys As March Monthly candle coming to a close we might see some deep pullbakcs on the lower timeframe so the new Monthly candle for April forms the bottom wick before further continuation to the upside.