XAUUSD Technical Analysis 01.02.2023 1h chart
Previous Daily candle closed small Bullish candle at 1928.300 leaving a huge rejection wick at the Key Level of 1900, Forming Daily Support at 1923.200.
– Buys on close above 1931.100 targeting 1h Strong Resistance at 1937.800, Leaving Runners to the 30min Resistance at 1943.800.
– Sells on close below 1922.000 targeting 30min previous Resistance that was formed Pre London Open at 1915.800, Leaving Runners to the 15min previous Resistance formed at 1907.500.
– High Impact News event ahead for the US Dollar, We have ISM Manufacturing PMI and JOLTS Jobs Openings during the New York Stock Exchange session, Later on the session we have the Federal Funds Rate and Press Conference to pay attention to.
Previous Daily candle closed small Bullish candle at 1928.300 leaving a huge rejection wick at the Key Level of 1900, Forming Daily Support at 1923.200.
– Buys on close above 1931.100 targeting 1h Strong Resistance at 1937.800, Leaving Runners to the 30min Resistance at 1943.800.
– Sells on close below 1922.000 targeting 30min previous Resistance that was formed Pre London Open at 1915.800, Leaving Runners to the 15min previous Resistance formed at 1907.500.
– High Impact News event ahead for the US Dollar, We have ISM Manufacturing PMI and JOLTS Jobs Openings during the New York Stock Exchange session, Later on the session we have the Federal Funds Rate and Press Conference to pay attention to.