XAUUSD Technical Analysis 06.07.2022 1h chart
– Previous Daily Candle closed strong Bearish at 1765 breaking through the strong Weekly Support at 1783, Previous Daily candle respected the minor Resistance formed on Monday.
– Buys on close above 1771.400 targeting 1h previous Strong Support formed on (16.12.2021) at 1777.200 leaving Runners to Weekly previous Support formed on (13.12.2021) at 1782.800.
– Sells on close below 1764.000 targeting Monthly/Weekly Support at 1757.000 leaving Runners to Weekly Support at 1750.500.
– News Data Reports for JOLTS Job Opening and ISM Services PMI 30min after NYSE Open followed later on by FOMC Meeting Minutes providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates
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