XAUUSD Technical Analysis 29th February 2024 1h chart

– Wednesday Daily candle closed Bullish within recent Daily Range as price continue to consolidate. I’ll be looking for potential Buys above 2038.100 targeting previous Weekly Support formed on 8th January 2024 around 2045.400 and 1h previous Support formed on 2nd February 2024 around 2052.500. I’ll be looking for potential Sells below 2030.300 targeting Daily Support formed around 2024.300 and 4h Support around 2017.000. The High Impact News ahead of the New York session for Thursday might be the token for price to break out of the current Daily / 4h range.
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