XAUUSD Technical Analysis 31.03.2023 1h chart
– Previous Daily candle closed Bullish at 1980.400 forming new Daily Support at 1964.500.
– Buys on close above 1984.500 targeting Weekly Resistance at 1988.500, Leaving Runners to the Daily Resistance at 1993.600.
– Sells on close below 1978.000 targeting previous Daily Support formed on 29th March 2023 at 1974.100, Leaving Runners to the 1h previous Resistance at 1970.300
– High Impact News data ahead of the New York session starting with Core PCE Price Index m/m. followed by Revised UoM Consumer Sentiment and FOMC Member Waller speech titled ” The Unstable Phillips Curve ” during the New York Stock Exchange session.
– Buys on close above 1984.500 targeting Weekly Resistance at 1988.500, Leaving Runners to the Daily Resistance at 1993.600.
– Sells on close below 1978.000 targeting previous Daily Support formed on 29th March 2023 at 1974.100, Leaving Runners to the 1h previous Resistance at 1970.300
– High Impact News data ahead of the New York session starting with Core PCE Price Index m/m. followed by Revised UoM Consumer Sentiment and FOMC Member Waller speech titled ” The Unstable Phillips Curve ” during the New York Stock Exchange session.