XAUUSD Technical Analysis 11.09.2023 1h chart

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– Previous Weekly candle closed Bearish at 1919.300 forming Resistance around 1939.900, Friday Daily candle closed weak Bearish forming weak Daily Resistance around 1919.700.
– Buys on close above 1924.800 targeting 1h Resistance at 1928.800, Leaving Runners to the 4h Resistance formed at 1934.100.
– Sells on close below 1916.400 targeting 4h Support at 1909.800, Leaving Runners to the 1h Support formed at 1904.400.
– Sells are looking much easier to take rather than Buys as Friday Daily candle rejected the Upside and Weekly candle closed Bearish forming Resistance

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