XAUUSD Technical Analysis 27.04.2023 1h chart
– Previous Daily candle closed Bearish at 1989.200 forming Resistance at 1997.100 , Price also have retested the Weekly Resistance formed on 10th April 2023 at 2008.000.
– Buys on close above 1991.800 targeting Daily / 4h Resistance at 1998.000, Leaving Runners to the 1h Resistance formed at 2003.300.
– Sells on close below 1985.400 targeting 1h Support at 1977.700, Leaving Runners to the Daily Support formed at 1969.300.
– High Impact News data ahead for the New York session open starting with Advance GDP q/q and Unemployment Claims, followed by Advance GDP Price Index q/q and Pending Home Sales m/m.
– Buys on close above 1991.800 targeting Daily / 4h Resistance at 1998.000, Leaving Runners to the 1h Resistance formed at 2003.300.
– Sells on close below 1985.400 targeting 1h Support at 1977.700, Leaving Runners to the Daily Support formed at 1969.300.
– High Impact News data ahead for the New York session open starting with Advance GDP q/q and Unemployment Claims, followed by Advance GDP Price Index q/q and Pending Home Sales m/m.
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