XAUUSD Technical Analysis 24.11.2023 1h chart
– Previous Daily candle closed weak Bullish around 1993.000 forming weak Daily Support around 1989.800.
– Buys on close above 1996.500 targeting 1h Strong Resistance around 2002.000, Leaving Runners to the Daily Resistance formed on 30th October 2023 around 2006.100.
– Sells on close below 1989.800 targeting 4h Support formed around 1985.200, Leaving Runners to the 4h previous Resistance formed around 1981.000.
– High Impact News ahead of the New York session for the US Dollar, Flash Manufacturing PMI and Flash Services PMI, High Volatility expected.
– Buys on close above 1996.500 targeting 1h Strong Resistance around 2002.000, Leaving Runners to the Daily Resistance formed on 30th October 2023 around 2006.100.
– Sells on close below 1989.800 targeting 4h Support formed around 1985.200, Leaving Runners to the 4h previous Resistance formed around 1981.000.
– High Impact News ahead of the New York session for the US Dollar, Flash Manufacturing PMI and Flash Services PMI, High Volatility expected.