XAUUSD Technical Analysis 11.01.2024 1h chart
– Previous Daily candle closed Bearish around 2024.200 forming Daily Resistance around 2030.100 as price rejects previous Daily Support formed on Thursday last week (04.01.2024).
– Buys on close above 2030.100 targeting 4h Resistance around 2036.000, Leaving Runners to the previous Daily Support formed on 4th January 2024 around 2041.300.
– Sells on close below 2018.900 targeting previous 15min Support formed on 13th December 2023 around 2013.000, Leaving Runners to the Weekly Support formed around 2004.500.
– High Impact News ahead of the New York session for the US Dollar, Starting with Core CPI y/y, CPI m/m, CPI y/y followed by Unemployment Claims and 30-y Bond Auction. extreme high volatility expected.
– Buys on close above 2030.100 targeting 4h Resistance around 2036.000, Leaving Runners to the previous Daily Support formed on 4th January 2024 around 2041.300.
– Sells on close below 2018.900 targeting previous 15min Support formed on 13th December 2023 around 2013.000, Leaving Runners to the Weekly Support formed around 2004.500.
– High Impact News ahead of the New York session for the US Dollar, Starting with Core CPI y/y, CPI m/m, CPI y/y followed by Unemployment Claims and 30-y Bond Auction. extreme high volatility expected.