XAUUSD Technical Analysis 15.06.2023 1h chart

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– Previous Daily candle closed Bearish at 1942.200 leaving 160 pip Rejection to the upside.
– Buys on close above 1950.100 targeting 4h Resistance formed at 1956.500, Leaving Runners to the next 4h Resistance formed around 1963.600.
– Sells on close below 1939.800 targeting 4h Support formed at 1933.400, Leaving Runners to the previous Monthly Resistance formed in February 2023 at 1928.300.
– High Impact News ahead of the New York session for the US Dollar and US Economy, High Volatility expected during the news release.

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