XAUUSD Technical Analysis 27.10.2023 1h chart
– Previous Daily candle closed Bullish around 1984.900 closed above Daily Resistance formed on Monday this week.
– Buys on close above 1987.200 targeting 1h Resistance formed around 1992.500, Leaving Runners to the previous Weekly High to fill the wick around 1997.600.
– Sells on close below 1978.900 targeting 30min Support around 1973.300, Leaving Runners to the Monthly previous Resistance formed in August 2023 around 1966.200.
– High Impact News ahead of the New York session for the US Dollar, Core PCE Price Index m/m and Revised UoM Consumer Sentiment.
– Buys on close above 1987.200 targeting 1h Resistance formed around 1992.500, Leaving Runners to the previous Weekly High to fill the wick around 1997.600.
– Sells on close below 1978.900 targeting 30min Support around 1973.300, Leaving Runners to the Monthly previous Resistance formed in August 2023 around 1966.200.
– High Impact News ahead of the New York session for the US Dollar, Core PCE Price Index m/m and Revised UoM Consumer Sentiment.