XAUUSD Technical Analysis 12.12.2023 1h chart
– Previous Daily candle closed Bearish around 1981.700 retesting Daily Support formed on 21st November 2023.
– Buys on close above 1984.500 targeting previous Daily Support formed on 23rd November 2023 around 1989.700, Leaving Runners to the 4h Resistance formed around 1994.300.
– Sells on close below 1976.000 targeting 4h previous Resistance formed on 15th November 2023 around 1971.700, Leaving Runners to the 30min Support formed around 1966.400.
– High Impact News ahead of the New York session for the US Dollar, Starting with Core CPI m/m, CPI m/m, CPI y/y, followed by 30-y Bond Auction.
– Buys on close above 1984.500 targeting previous Daily Support formed on 23rd November 2023 around 1989.700, Leaving Runners to the 4h Resistance formed around 1994.300.
– Sells on close below 1976.000 targeting 4h previous Resistance formed on 15th November 2023 around 1971.700, Leaving Runners to the 30min Support formed around 1966.400.
– High Impact News ahead of the New York session for the US Dollar, Starting with Core CPI m/m, CPI m/m, CPI y/y, followed by 30-y Bond Auction.