XAUUSD Technical Analysis 11.12.2023 1h chart
– Previous Weekly candle closed strong Bearish around 2004.300 forming strong Weekly Resistance formed around 2072.000 leaving a Weekly Rejection around 2149.200, Friday Daily candle also closed Bearish forming new Daily Resistance around 2028.700.
– Sells on close below 1995.000 targeting Daily Support formed on 23rd November 2023 around 1989.500, Leaving Runners to the 4h previous Resistance formed on 20th November 2023 around 1981.500.
– Ideally is to allow the Asian session to consolidate forming a new range for the new Weekly candle ahead.
– Sells on close below 1995.000 targeting Daily Support formed on 23rd November 2023 around 1989.500, Leaving Runners to the 4h previous Resistance formed on 20th November 2023 around 1981.500.
– Ideally is to allow the Asian session to consolidate forming a new range for the new Weekly candle ahead.