XAUUSD Technical Analysis 21.12.2023 1h chart

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– Previous Daily candle closed Bearish around 2031.700 forming Daily Resistance around 2040.400.
– Buys on close above 2038.100 targeting 1h Resistance formed around 2042.800, Leaving Runners to the 30min Resistance formed around 2050.300.
– Sells on close below 2029.700 targeting 4h Support formed around 2024.100, Leaving Runners to the Daily Support formed around 2018.700.
– High Impact News ahead of the New York session for the US Dollar, Starting with Final GDP q/q, Unemployment Claims followed by Final GDP Price Index q/q and Philly Fed Manufacturing Index, High Volatility expected.

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