XAUUSD Technical Analysis 08.11.2023 1h chart
– Previous Daily candle closed Bearish around 1969.300 just below Daily Support formed on 25th October 2023.
– Buys on close above 1971.100 targeting 1h Resistance formed around 1974.200, Leaving Runners to the next 1h Resistance formed around 1978.400.
– Sells on close below 1967.000 targeting 4h Support formed around 1963.600, Leaving Runners to the 1h Support formed around 1958.800.
– Federal Reserve Chair Jerome Powell due to deliver opening remarks at the Division of Research and Statistics Centennial Conference in Washington DC.
– Buys on close above 1971.100 targeting 1h Resistance formed around 1974.200, Leaving Runners to the next 1h Resistance formed around 1978.400.
– Sells on close below 1967.000 targeting 4h Support formed around 1963.600, Leaving Runners to the 1h Support formed around 1958.800.
– Federal Reserve Chair Jerome Powell due to deliver opening remarks at the Division of Research and Statistics Centennial Conference in Washington DC.