XAUUSD Technical Analysis 15.11.2023 1h chart
– Previous Daily candle closed strong Bullish around 1963.200 breaking above Daily Resistance formed on Friday last week.
– Buys on close above 1969.000 targeting 1h Resistance formed around 1974.500, Leaving Runners to the 4h previous Support formed around 1978.200.
– Sells on close below 1961.500 targeting 15mins Support formed around 1954.300, Leaving Runners to the 1h previous Resistance formed around 1948.600.
– High Impact News ahead of the New York session for the US Dollar, starting with Core PPI m/m, Core Retail Sales m/m, Empire State Manufacturing Index, PPI m/m and Retail Sales m/m followed by the Crude Oil Inventories.
– Buys on close above 1969.000 targeting 1h Resistance formed around 1974.500, Leaving Runners to the 4h previous Support formed around 1978.200.
– Sells on close below 1961.500 targeting 15mins Support formed around 1954.300, Leaving Runners to the 1h previous Resistance formed around 1948.600.
– High Impact News ahead of the New York session for the US Dollar, starting with Core PPI m/m, Core Retail Sales m/m, Empire State Manufacturing Index, PPI m/m and Retail Sales m/m followed by the Crude Oil Inventories.