XAUUSD Technical Analysis 07.07.2023 1h chart

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– Previous Daily candle closed Bearish at 1910.900 tapping into the Daily Support formed on Friday 30th June 2023.
– Buys on close above 1913.300 targeting 4h Resistance formed at 1918.300, Leaving Runners to the previous 4h Support formed at 1924.000.
– Sells on close below 1906.300 targeting 4h Support formed at 1901.300, Leaving Runners to the 1h Support formed at 1896.100.
– High Impact News ahead of the New York session for the US Economy, Average Hourly Earnings m/m, Non-Farm Employment Change known as (NFP) and Unemployment Rate, High Volatility expected during the news release

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