XAUUSD Technical Analysis 15.08.2023 1h chart

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– Previous Daily candle closed Bearish at 1907.500 respecting Daily Support formed on 29th June 2023.
– Buys on close above 1911.900 targeting 1h Resistance formed at 1915.300, Leaving Runners to the Weekly previous Support formed on 3rd July 2023 at 1919.500.
– Sells on close below 1904.300 targeting 4h Support approaching a Strong Key Level (1900s) at 1900.500, Leaving Runners to the 4h Support formed on 29th June 2023 at 1895.500.
– High impact news ahead of the New York session open, starting with Core Retail Sales m/m, Empire State Manufacturing Index and the Retail Sales m/m, High Volatility expected during the New York session leading to New York Stock Exchange session.

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