XAUUSD Technical Analysis 03.10.2022 1h chart

– Previous Monthly candle closed Bearish at 1660.800 below Rejection wicks from March and August 2021 and July 2022, Weekly closed Bullish at 1660.800 forming Support at 1644.
– Buys on close above 1666.100 targeting 4h Resistance at 1672.000 leaving Runners to Daily previous Resistance at 1675.800.
– Sells on close below 1658.000 targeting 1h / 30min Strong Support at 1649.000  leaving Runners to 4h / 1h Support at 1644.000.
– We have ISM Manufacturing PMI data to be released after New York Stock Exchange forecasting : 52.5 / Previous : 52.8, We have Non-Farm Payroll (NFP) this week so it’s important to study what prices did on the previous NFP’s we’ve had and plan ahead for the week.