XAUUSD Technical Analysis 24.03.2023 1h chart
– Previous Daily candle closed Bullish at 1993.600 above the recent Daily Resistance formed on Monday 20th March 2023.
– Buys on close above 2002.100 targeting Daily Wick Fill formed on Monday 20th March 2023 at 2009.900, Leaving Runners to the 30min Resistance formed on 9th March 2022 at 2017.000.
– Sells on close below 1988.000 targeting 1h Support formed at 1979.000, Leaving Runners to the 4h Support formed at 1971.700.
– We have High Impact News data ahead of the New York session as follow : Core Durable Goods Orders m/m, Durable Goods Orders m/m, Flash Manufacturing PMI and Flash Services PMI. High Volatility expected during the news release.
– Buys on close above 2002.100 targeting Daily Wick Fill formed on Monday 20th March 2023 at 2009.900, Leaving Runners to the 30min Resistance formed on 9th March 2022 at 2017.000.
– Sells on close below 1988.000 targeting 1h Support formed at 1979.000, Leaving Runners to the 4h Support formed at 1971.700.
– We have High Impact News data ahead of the New York session as follow : Core Durable Goods Orders m/m, Durable Goods Orders m/m, Flash Manufacturing PMI and Flash Services PMI. High Volatility expected during the news release.