XAUUSD Technical Analysis 3rd May 2024 1h chart

– Thursday Daily candle closed Bearish at 2303.400 forming Daily Resistance around 2319.800 and tapping into recent Daily Support formed on Wednesday this week. I’ll be looking for potential Buys above 2309.500 targeting 30min Resistance around 2316.900 and 4h Resistance around 2324.400. I’ll be looking for potential Sells below 2299.500 targeting Hourly Support around 2291.500 and Daily Support around 2285.500. High Impact News ahead of the New York session for the US Dollar which may create high Volatility in the Market.