XAUUSD Technical Analysis 30.03.2023 1h chart
– Previous Daily candle closed Bearish at 1964.500 forming new Daily Resistance at 1974.100 as overall price has being consolidating on the Hourly timeframe.
– Buys on close above 1969.500 targeting Daily Resistance at 1974.500, Leaving Runners to the 1h Resistance at 1978.600.
– Sells on close below 1960.900 targeting recent Daily Support at 1956.400, Leaving Runners to the 4h Support at 1950.300.
– Final GDP q/q, Unemployment Claims data and Final GDP Price Index q/q to be released during the New York session, We also have Treasury Secretary Yellen speaking at the Annual National Association for Business Economics Policy Conference in Washington DC.
– Buys on close above 1969.500 targeting Daily Resistance at 1974.500, Leaving Runners to the 1h Resistance at 1978.600.
– Sells on close below 1960.900 targeting recent Daily Support at 1956.400, Leaving Runners to the 4h Support at 1950.300.
– Final GDP q/q, Unemployment Claims data and Final GDP Price Index q/q to be released during the New York session, We also have Treasury Secretary Yellen speaking at the Annual National Association for Business Economics Policy Conference in Washington DC.