XAUUSD Technical Analysis 17th May 2024 1h chart

– Thursday Daily candle closed weak Bearish at 2376.400 forming weak Daily Resistance around 2386 Level. I’ll be looking for potential Buys above 2382.000 targeting Hourly Resistance around 2389.300 and 4h Resistance around 2395.500, I’ll be looking for potential Sells below 2370.800 targeting 4h previous Resistance formed on 13th May 2024 around 2364.100 and the Hourly Support formed around 2357.800. Despite Daily closing Bearish forming Resistance price has mostly ranged during the London session for Thursday but offered some good opportunities for Sells during the Pre New York session open.