XAUUSD Technical Analysis 09.11.2023 1h chart

– Previous Daily candle closed Strong Bearish around 1950.300 filling the rejection wick formed on Tuesday.
– Buys on close above 1956.400 targeting 30min previous Support formed around 1960.600, Leaving Runners to the 1h Resistance formed around 1965.200.
– Sells on close below 1947.300 targeting Weekly previous Resistance formed on 4th September 2023 around 1940.200, Leaving Runners to the Daily previous Resistance formed on 19th September 2023 around 1934.000.
– High Impact News ahead of the New York session for the US Dollar, starting with Unemployment Claims, Federal Reserve Chair Jerome Powell due to participate in a panel discussion titled ” Monetary Challenges in a Global Economy ” at the Jacques Polak Annual Research Conference in Washington DC.

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