XAUUSD Technical Analysis 17.04.2023 1h chart
– Previous Weekly candle closed Doji Bearish at 2004.300 leaving a Rejection wick at 2047.500, Friday Daily candle closed Strong Bearish forming Daily Resistance at 2040.700.
– Buys on close above 2006.600 targeting 1h previous Support formed at 2013.700, Leaving Runners to the next 15min Support formed at 2022.100.
– Sells on close below 1995.800 targeting 4h Support at 1989.500, Leaving Runners to the Daily previous Resistance formed on 31s March 2023 at 1980.700.
– High Impact News ahead for the Empire State Manufacturing Index data 30min after the New York session opens.
– Buys on close above 2006.600 targeting 1h previous Support formed at 2013.700, Leaving Runners to the next 15min Support formed at 2022.100.
– Sells on close below 1995.800 targeting 4h Support at 1989.500, Leaving Runners to the Daily previous Resistance formed on 31s March 2023 at 1980.700.
– High Impact News ahead for the Empire State Manufacturing Index data 30min after the New York session opens.