XAUUSD Technical Analysis 05.10.2023 1h chart
– Previous Daily candle closed weak Bearish around 1821.300 as price consolidate within the No Trade Zone identified on the most recent Analysis posted for Wednesday 4th October 2023.
– Buys on close above 1829.200 targeting 1h Resistance around 1833.700, Leaving Runners to the next Hourly Resistance formed around 1838.000.
– Sells on close below 1817.200 targeting Weekly Support formed around 1810.800, Leaving Runners to the Daily Support formed around 1804.200.
– High Impact News ahead of the New York session for the US Dollar, Unemployment Claims forecasted at 211k, Previously was 204k.
– Buys on close above 1829.200 targeting 1h Resistance around 1833.700, Leaving Runners to the next Hourly Resistance formed around 1838.000.
– Sells on close below 1817.200 targeting Weekly Support formed around 1810.800, Leaving Runners to the Daily Support formed around 1804.200.
– High Impact News ahead of the New York session for the US Dollar, Unemployment Claims forecasted at 211k, Previously was 204k.