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SalimFX20

XAUUSD Technical Analysis 16.01.2024 1h chart

Or / Dollar Américain (OANDA:XAUUSD)  
SalimFX20  
OANDA:XAUUSD   Or / Dollar Américain
Beyond Technical Analysis XAUUSD Gold DJ FXCM Index dollar USD fx signals breakdownanalysis marketanalystsalim
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– Previous Daily candle closed weak Bullish around 2055.400 as price ranged across the Monday sessions.
– Buys on close above 2058.700 targeting 4h Resistance formed around 2064.200, Leaving Runners to the 1h Resistance formed on 2nd January 2024 around 2070.600.
– Sells on close below 2050.500 targeting Weekly Support formed around 2045.500, Leaving Runners to the 4h previous Resistance formed on 9th January 2024 around 2039.000.
– High Impact News ahead of the New York session for the US Dollar, Empire State Manufacturing Index forecasted at -4.9, previous : -14.5.
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