XAUUSD Technical Analysis 26.04.2023 1h chart
– Previous Daily candle closed Bullish at 1997.100 respecting Daily Support formed on Monday 24th April 2023.
– Buys on close above 2003.900 targeting Weekly Resistance at 2008.000, Leaving Runners to the 1h Resistance formed at 2012.300.
– Sells on close below 1994.500 targeting 30min Support formed at 1989.500, Leaving Runners to the 4h Support formed at 1983.900.
– Small targets for Buys as price still trading below strong Daily Resistance that has been held from last week, Core Durable Goods Orders m/m and Durable Goods Orders m/m data to be released 30min after New York session opens.
– Buys on close above 2003.900 targeting Weekly Resistance at 2008.000, Leaving Runners to the 1h Resistance formed at 2012.300.
– Sells on close below 1994.500 targeting 30min Support formed at 1989.500, Leaving Runners to the 4h Support formed at 1983.900.
– Small targets for Buys as price still trading below strong Daily Resistance that has been held from last week, Core Durable Goods Orders m/m and Durable Goods Orders m/m data to be released 30min after New York session opens.