XAUUSD Technical Analysis 24.08.2022 1h chart

– Previous Daily candle closed Bullish at 1748 forming Daily Support at 1735.800 after almost 2 Weeks of Bearish Daily closes as the price tapped into Strong previous Daily Resistance around 1735.
– Buys on a close above 1751.200 on the break of the most recent 1h Resistance targeting 4h Strong Resistance at 1756.500 leaving Runners to Previous Daily Support formed on (03.08.2022) at 1760.800.
– Sells on a close below 1745.800 on the break of the 1h Support targeting 4h Previous Resistance formed during London Session Yesterday at 1741.000 leaving Runners to Daily Support / 4h Strong Support formed at 1735.800.
– Multiple News data report 30min after New York Session opens for the Core Durable Goods Orders m/m, Durable Goods Orders m/m, and Pending Home Sales.