XAUUSD Technical Analysis 23.11.2023 1h chart
– Previous Daily candle closed Bearish around 1989.900 forming Daily Resistance at 1998.600 as price failed to break above Weekly Resistance formed on 30th October 2023.
– Buys on close above 1922.800 targeting Daily Resistance around 1998.600, Leaving Runners to the 1h Resistance formed around 2003.800.
– Sells on close below 1985.400 targeting 4h previous Resistance formed around 1981.000, Leaving Runners to the 30min Support formed at 1976.800.
– Price could possibly range as US Banks will be closed in observance of Thanksgiving Day.
– Buys on close above 1922.800 targeting Daily Resistance around 1998.600, Leaving Runners to the 1h Resistance formed around 2003.800.
– Sells on close below 1985.400 targeting 4h previous Resistance formed around 1981.000, Leaving Runners to the 30min Support formed at 1976.800.
– Price could possibly range as US Banks will be closed in observance of Thanksgiving Day.