XAUUSD Technical Analysis 23.01.2024 1h chart
– Previous Daily candle closed Bearish around 2021.700 forming Daily Resistance around 2029.800
– Buys on close above 2024.800 targeting Daily Resistance formed around 2029.800, Leaving Runners to the 4h Resistance formed around 2035.500.
– Sells on close below 2018.200 targeting 4h previous Resistance formed on 18th January 2024 around 2012.000, Leaving Runners to the Daily Support formed on Thursday last week around 2006.200.
– Medium Impact News ahead of the New York session open for the US Dollar, Richmond Manufacturing Index, High volatility expected.
– Buys on close above 2024.800 targeting Daily Resistance formed around 2029.800, Leaving Runners to the 4h Resistance formed around 2035.500.
– Sells on close below 2018.200 targeting 4h previous Resistance formed on 18th January 2024 around 2012.000, Leaving Runners to the Daily Support formed on Thursday last week around 2006.200.
– Medium Impact News ahead of the New York session open for the US Dollar, Richmond Manufacturing Index, High volatility expected.