XAUUSD Technical Analysis 23.09.2022 1h chart

– Previous Daily candle closed Bearish at 1671.300 leaving huge Rejection wick to the Up and Downside as the Daily candle closes within the Consolidation Zone based on the Daily timeframe.
– Buys on close above 1674.400 targeting 30min Resistance at 1678.100 leaving Runners to the 4h Resistance formed at 1681.900.
– Sells on close below 1666.600 targeting 4h Major Support at 1660.600 leaving Runners to 1h Support / Prev Daily Wick Fill at 1655.600.
– We have High Impact News Data coming 15min after New York Stock Exchange Opens, Flash Manufacturing PMI Previous: 51.5 / Forecast: 51.0 followed by Flash Services PMI: Prev: 43.7 / Forecast: 45.5.