XAUUSD Technical Analysis 23.06.2022 1h chart
– Previous Daily candle closed Bullish forming Support at 1833 on the Daily timeframe breaking the current Weekly Highs and Lows and closing with a small body candle making it a Volatile candle.
– Buys on close above 1845.000 targeting 4h Resistance at 1851.500 leaving Runners to Daily Resistance at 1856.800.
– Sells on a close below 1835.500 targeting 1h previous Rejection wicks on the left at 1830.400 where price rejected that area twice at the Asian Session and the London Open, leaving Runners to 4h Support at 1823.500.
– Unemployment Claims Data released 30min after NY Session opens forecasting 227k claims (Prev: 229k) followed by Flash Manufacturing PMI at 56.0 (Prev:57.0) and Flash Services PMI at 53.9 (Prev:53.4), 30min after NYSE open we have Fed Chair Powell due to testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee, in Washington DC.
– Previous Daily candle closed Bullish forming Support at 1833 on the Daily timeframe breaking the current Weekly Highs and Lows and closing with a small body candle making it a Volatile candle.
– Buys on close above 1845.000 targeting 4h Resistance at 1851.500 leaving Runners to Daily Resistance at 1856.800.
– Sells on a close below 1835.500 targeting 1h previous Rejection wicks on the left at 1830.400 where price rejected that area twice at the Asian Session and the London Open, leaving Runners to 4h Support at 1823.500.
– Unemployment Claims Data released 30min after NY Session opens forecasting 227k claims (Prev: 229k) followed by Flash Manufacturing PMI at 56.0 (Prev:57.0) and Flash Services PMI at 53.9 (Prev:53.4), 30min after NYSE open we have Fed Chair Powell due to testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee, in Washington DC.