XAUUSD Technical Analysis 04.01.2024 1h chart
– Previous Daily candle closed strong Bearish around 2041.300 tapping into the previous Daily Resistance formed on 20th December 2023.
– Buys on close above 2045.800 targeting 4h previous Support formed on 25th December 2023 around 2053.100, Leaving Runners to the next previous 4h Support formed on 2nd December 2023 around 2066.400.
– Sells on close below 2032.300 targeting 1h Support formed around 2025.500, Leaving Runners to the Daily Support formed on 18th December 2023 around 2019.200.
– High Impact News ahead of the New York session for the US Dollar, We have ADP-Non Farm Employment Change followed by Unemployment Claims, High Volatility expected.
– Buys on close above 2045.800 targeting 4h previous Support formed on 25th December 2023 around 2053.100, Leaving Runners to the next previous 4h Support formed on 2nd December 2023 around 2066.400.
– Sells on close below 2032.300 targeting 1h Support formed around 2025.500, Leaving Runners to the Daily Support formed on 18th December 2023 around 2019.200.
– High Impact News ahead of the New York session for the US Dollar, We have ADP-Non Farm Employment Change followed by Unemployment Claims, High Volatility expected.