XAUUSD Technical Analysis 04.08.2022 1h chart
– Previous Daily candle closed Bullish at 1765.300 forming Daily Support at 1760.900.
– Buys on close above 1766.300 targeting Daily / 4h Resistance at 1772.300 leaving Runners to 1h Resistance at 1778.000.
– Sells on close below 1760.300 targeting 4h Strong Support at 1755.800 leaving Runners to 30min Strong Support formed at 1750.000.
– Unemployment Claims data to be released 30min after New York Session opens forecasting 262k, Previous was 256k, Later on the day after London close FOMC Mester due to speak about the Economy and the Monetary Policy at the Economic Club of Pittsburg.
– Previous Daily candle closed Bullish at 1765.300 forming Daily Support at 1760.900.
– Buys on close above 1766.300 targeting Daily / 4h Resistance at 1772.300 leaving Runners to 1h Resistance at 1778.000.
– Sells on close below 1760.300 targeting 4h Strong Support at 1755.800 leaving Runners to 30min Strong Support formed at 1750.000.
– Unemployment Claims data to be released 30min after New York Session opens forecasting 262k, Previous was 256k, Later on the day after London close FOMC Mester due to speak about the Economy and the Monetary Policy at the Economic Club of Pittsburg.