XAUUSD Technical Analysis 23.11.2022 1h chart

– Previous Daily candle closed Weak Bullish at 1740.100 forming Daily Support at 1738.200 leaving a huge Rejection wick to the upside as price consolidate on the 4h timeframe.
– Buys on close above 1744.200 targeting 1h Resistance at 1748.700, Leaving Runners to the next 1h Resistance at 1752.400.
– Sells on close below 1737.200 targeting 1h Support / Current Weekly Low at 1732.900, Leaving Runners to the previous Daily Resistance formed on 5th October 2022 at 1726.600.
– High / Medium Impact News for the US Dollar ahead on Wednesday with major news for the Unemployment Claims, Flash Manufacturing PMI and Flash Services PMI, Please refer to the chart for all the news coming up ahead of the Wednesday session.