XAUUSD Technical Analysis 11.04.2023 1h chart
– Previous Daily candle closed Bearish at 1991.100 respecting Daily Resistance formed on Thursday 6th April 2023.
– Buys on close above 1994.400 targeting 1h Resistance at 2002.000, Leaving Runners to the next 1h Resistance at 2007.900.
– Sells on close below 1987.200 targeting 1h Support at 1981.900 which is also the wick fill of the previous Daily Low, Leaving Runners to the 1h Strong Support formed at 1978.000.
– FOMC Member Harker due to speak about the economic outlook at an event hosted by Wharton Business School in Philadelphia.
– Buys on close above 1994.400 targeting 1h Resistance at 2002.000, Leaving Runners to the next 1h Resistance at 2007.900.
– Sells on close below 1987.200 targeting 1h Support at 1981.900 which is also the wick fill of the previous Daily Low, Leaving Runners to the 1h Strong Support formed at 1978.000.
– FOMC Member Harker due to speak about the economic outlook at an event hosted by Wharton Business School in Philadelphia.