XAUUSD Technical Analysis 21.11.2023 1h chart
– Previous Daily candle closed weak Bearish around 1977.800 as price respects the Daily Resistance formed on Friday last week.
– Buys on close above 1983.600 targeting Monthly Resistance formed in May 2023 around 1989.700, Leaving Runners to the 1h Resistance formed on 3rd November 2023 around 1995.200.
– Sells on close below 1973.700 targeting 4h Support formed around 1968.200, Leaving Runners to the previous Daily Resistance formed on 15th November 2023 around 1963.300.
– Medium Impact News ahead of the New York session for the US Dollar, Home Existing Sales, Later on the session we have FOMC Meeting Minutes.
– Buys on close above 1983.600 targeting Monthly Resistance formed in May 2023 around 1989.700, Leaving Runners to the 1h Resistance formed on 3rd November 2023 around 1995.200.
– Sells on close below 1973.700 targeting 4h Support formed around 1968.200, Leaving Runners to the previous Daily Resistance formed on 15th November 2023 around 1963.300.
– Medium Impact News ahead of the New York session for the US Dollar, Home Existing Sales, Later on the session we have FOMC Meeting Minutes.