– Buys on close above 1754.000 targeting 4h Strong Resistance at 1758.500 leaving Runners to 4h Previous Strong Support formed on (18.08.2022) at 1762.300.
– Sells on close below 1748.400 on the break of the 30min Support targeting 1h / 30min Strong Support at 1744.500 leaving Runners to 4h Previous Broken Resistance at 1740.700.
– Prelim GDP q/q and the Unemployment Claims data are to be released 30min after New York Session Open. As the price has been Strong Bearish on the Daily and price have formed Support on Tuesday at 1735.800 there could be a higher probability for the price to tap the 1760 area and form Resistance to retest the most recent Daily Support at 1738 so this move up on Gold could be just a retracement of the Weekly / Monthly.