XAUUSD Technical Analysis 02.08.2022 1h chart

– Previous Daily candle closed Bullish at 1772.100 breaking the previous Weekly High and almost tapping the Major Weekly Support zone formed on 1st and 13th December 2021 at 1782.000.
– Buys on close above 1773.700 targeting 1h Support formed on (16.12.2021) at around 1778.000 leaving Runners to Weekly previous Support formed on (1st / 13th Dec 2021) at around 1782.800.
– Sells on close below 1767.600 targeting 30min Support at 1764.300 leaving Runners to 4h Support at around 1760.300.
– We have JOLTS Job Openings data to be released 30min after New York Stock Exchange Open.