XAUUSD Technical Analysis 23.05.2023 1h chart

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– Previous Daily candle closed small Bearish at 1971.700 forming new Daily Resistance at 1977.900.
– Buys on close above 1975.800 targeting 4h Resistance at 1981.300, Leaving Runners to the 1h Resistance formed at 1985.300.
– Sells on close below 1969.000 targeting 30min previous Resistance formed on 19th May 2023 at 1962.000, Leaving Runners to the Daily Support formed at 1957.600.
– High Impact News for the New York Stock Exchange session for Flash Manufacturing PMI and Flash Services PMI.

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