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SalimFX20

XAUUSD Technical Analysis 05.12.2023 1h chart

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
SalimFX20  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Beyond Technical Analysis XAUUSD Gold DJ FXCM Index dollar USD fx signals breakdownanalysis marketanalystsalim
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beyondta xauusd gold usdollar dollar usd fx signals breakdownanalysis marketanalystsalim
– Previous Daily candle closed strong Bearish around 2029.000 forming Daily Resistance around 2072.200 and leaving a Huge Rejection wick to the upside as price creates new Historical High at 2149.500.
– Buys on close above 2032.500 targeting 4h previous Support formed around 2037.700, Leaving Runners to the 30min previous Support formed around 2045.500.
– Sells on close below 2022.500 targeting 4h Support formed around 2015.200, Leaving Runners to the 4h Support formed around 2009.400.
– High Impact News ahead of the New York session for the US Dollar, ISM Services PMI and JOLTS Job Openings, High Volatility expected.
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