XAUUSD Technical Analysis 24.01.2023 1h chart
– Previous Daily candle closed Bullish at 1931.400 closing below Daily Resistance formed on Friday at 1932.200 forming new Daily Support at 1926.000 leaving a huge Liquidity Grab wick at the downside.
– Buys on close above 1935.600 targeting 4h previous Support formed on 21st April 2022 at 1940.600, Leaving Runners to the 30min Resistance at 1944.100.
– Sells on close below 1926.300 targeting 30min Support at 1921.200, Leaving Runners to the 1h Support formed at 1916.600.
– We have Flash Manufacturing PMI, Flash Services PMI and Richmond Manufacturing Index during the New York Stock Exchange session, High Volatility is expected during the news release. ( S.R Trading Club)
– Previous Daily candle closed Bullish at 1931.400 closing below Daily Resistance formed on Friday at 1932.200 forming new Daily Support at 1926.000 leaving a huge Liquidity Grab wick at the downside.
– Buys on close above 1935.600 targeting 4h previous Support formed on 21st April 2022 at 1940.600, Leaving Runners to the 30min Resistance at 1944.100.
– Sells on close below 1926.300 targeting 30min Support at 1921.200, Leaving Runners to the 1h Support formed at 1916.600.
– We have Flash Manufacturing PMI, Flash Services PMI and Richmond Manufacturing Index during the New York Stock Exchange session, High Volatility is expected during the news release. ( S.R Trading Club)