XAUUSD Technical Analysis 24.01.2024 1h chart
– Previous Daily candle closed Bullish around 2029.200 closing within recent Daily Resistance formed on Monday 22nd January 2024, forming Daily Support around 2021.600.
– Buys on close above 2031.000 targeting 4h Resistance formed around 2035.800, Leaving Runners to the 1h Resistance formed around 2041.400.
– Sells on close below 2020.700 targeting 1h previous Resistance formed on 18th January 2024 around 2015.100, Leaving Runners to the 4h Support formed around 2009.000.
– High Impact News ahead of the New York session for the US Dollar, We have Flash Manufacturing PMI and Flash Services PMI, High Volatility expected during the New York session.
– Buys on close above 2031.000 targeting 4h Resistance formed around 2035.800, Leaving Runners to the 1h Resistance formed around 2041.400.
– Sells on close below 2020.700 targeting 1h previous Resistance formed on 18th January 2024 around 2015.100, Leaving Runners to the 4h Support formed around 2009.000.
– High Impact News ahead of the New York session for the US Dollar, We have Flash Manufacturing PMI and Flash Services PMI, High Volatility expected during the New York session.