XAUUSD Technical Analysis 22.12.2023 1h chart
– Previous Daily candle closed Bullish around 2046.100 forming new Daily Support around 2031.700.
– Buys on close above 2048.000 targeting Daily Rejection formed on 28th November 2023 around 2052.100, Leaving Runners to the 4h candle open formed on 4th December 2023 around 2057.600.
– Sells on close below 2039.100 targeting 4h Support formed around 2035.100, Leaving Runners to the Daily Support formed around 2031.100.
– High Impact News ahead of the New York session for the US Dollar, starting with PCE Price Index m/m, Core Durable Goods Orders m/m, Durable Goods Orders m/m, followed by Revised UoM Consumer Sentiment and New Home Sales, High Volatility expected.
– Buys on close above 2048.000 targeting Daily Rejection formed on 28th November 2023 around 2052.100, Leaving Runners to the 4h candle open formed on 4th December 2023 around 2057.600.
– Sells on close below 2039.100 targeting 4h Support formed around 2035.100, Leaving Runners to the Daily Support formed around 2031.100.
– High Impact News ahead of the New York session for the US Dollar, starting with PCE Price Index m/m, Core Durable Goods Orders m/m, Durable Goods Orders m/m, followed by Revised UoM Consumer Sentiment and New Home Sales, High Volatility expected.