XAUUSD Technical Analysis 13.04.2023 1h chart
– Previous Daily candle closed Bullish at 2014.900 respecting recent Daily Support formed on Tuesday and closing below recent Resistance formed on Thursday 6th April 2023.
– Buys on close above 2017.500 targeting 4h Resistance at 2022.500, Leaving Runners to the Daily Wick Fill at 2028.600.
– Sells on close below 2011.400 targeting 1h Support at 2005.800, Leaving Runners to the 4h / 1h Support formed at 1998.400.
– High Impact News ahead for the US Dollar over the New York session starting with Core PPI m/m, PPI m/m, then Unemployment Claims and 30-y Bond Auction, High Volatility expected at the New York session.
– Buys on close above 2017.500 targeting 4h Resistance at 2022.500, Leaving Runners to the Daily Wick Fill at 2028.600.
– Sells on close below 2011.400 targeting 1h Support at 2005.800, Leaving Runners to the 4h / 1h Support formed at 1998.400.
– High Impact News ahead for the US Dollar over the New York session starting with Core PPI m/m, PPI m/m, then Unemployment Claims and 30-y Bond Auction, High Volatility expected at the New York session.