XAUUSD Technical Analysis 19.10.2023 1h chart

– Previous Daily candle closed extremely Bullish around 1947.800 as Daily High tapped into Monthly Resistance formed in August 2023 around 1962.000.
– Buys on close above 1957.200 targeting Monthly Resistance formed in August 2023 around 1965.600, Leaving Runners to the Daily Resistance formed on 27th July 2023 around 1972.300.
– Sells on close below 1943.100 targeting 1h Support formed around 1936.100, Leaving Runners to the 15min previous Resistance formed around 1930.400.
– High Impact News ahead of the New York session for the US Dollar, starting with Unemployment Claims and  and Philly Fed Manufacturing Index, followed by Existing Home Sales and Fed Chair Powell Speech.