– Buys on close above 1653.400 targeting 4h / 1h Resistance at 1656.800, Leaving Runners to the next 4h / 1h Resistance at 1659.800.
– Sells on close below 1647.900 targeting Daily / 4h Support at 1643.800, Leaving Runners to the 1h previous Resistance formed on 27th September 2022 at 1639.600.
– Overall Gold has formed a nice top wick for the current Weekly candle as price visited the broken Daily Support from 12th October 2022 around 1665, much easier and better Sells would be below 1644 as price break Daily Support and the Weekly Support that was formed recently. – FOMC Member Bullard due to speak and deliver opening remarks at the Homer Jones Lecture hosted by the Federal Reserve Bank of St Louis at Pre New York Session.