XAUUSD Technical Analysis 04.10.2023 1h chart
– Previous Daily candle closed small Bearish around 1822.900 as price started to range on the Hourly timeframe.
– Buys on close above 1829.200 targeting 1h Resistance around 1833.700, Leaving Runners to the next Hourly Resistance formed around 1838.000.
– Sells on close below 1817.200 targeting Weekly Support formed around 1810.800, Leaving Runners to the Daily Support formed on 29th December 2022 around 1804.200.
– High Impact News ahead of the New York session for the US Dollar, starting with ADP Non-Farm Employment Change followed by ISM Services PMI, High volatility expected.
– Buys on close above 1829.200 targeting 1h Resistance around 1833.700, Leaving Runners to the next Hourly Resistance formed around 1838.000.
– Sells on close below 1817.200 targeting Weekly Support formed around 1810.800, Leaving Runners to the Daily Support formed on 29th December 2022 around 1804.200.
– High Impact News ahead of the New York session for the US Dollar, starting with ADP Non-Farm Employment Change followed by ISM Services PMI, High volatility expected.