XAUUSD Technical Analysis 30.11.2023 1h chart
– Previous Daily candle closed small Bullish around 2044.400 as price formed new range on the 4h timeframe.
– Buys on close above 2050.000 targeting 1h Strong Resistance formed on 4th May 2023 around 2057.000, Leaving Runners to the 30min Support formed around 2063.100.
– Sells on close below 2037.400 targeting Hourly Open candle formed around 2031.000, Leaving Runners to the 30min Support formed around 2025.200.
– High Impact News ahead of the New York session for the US Dollar, Starting with Core PCE Price Index m/m and Unemployment Claims, followed by Chicago PMI and Pending Home Sales m/m. High Volatility expected during the news release.
– Buys on close above 2050.000 targeting 1h Strong Resistance formed on 4th May 2023 around 2057.000, Leaving Runners to the 30min Support formed around 2063.100.
– Sells on close below 2037.400 targeting Hourly Open candle formed around 2031.000, Leaving Runners to the 30min Support formed around 2025.200.
– High Impact News ahead of the New York session for the US Dollar, Starting with Core PCE Price Index m/m and Unemployment Claims, followed by Chicago PMI and Pending Home Sales m/m. High Volatility expected during the news release.