XAUUSD Technical Analysis 20.06.2023 1h chart

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– Previous Daily candle closed Bearish at 1950.400 respecting Daily Resistance formed on Friday last week.
– Buys on close above 1953.100 targeting Daily Resistance at 1958.100, Leaving Runners to the Weekly Resistance formed at 1961.400.
– Sells on close below 1947.900 targeting Daily Support formed at 1942.200, Leaving Runners to the Monthly previous Resistance formed in April 2022 at 1937.900.
– For Buys targets are smaller than usual as Daily keeps rejecting above the 1960s.

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