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XAUUSD Technical Analysis 13.09.2023 1h chart– Previous Daily candle closed Bearish at 1913.400 forming Daily Resistance around 1922.400. – Buys on close above 1915.800 targeting 1h Resistance around 1919.800, Leaving Runners to the next 1h Resistance formed around 1923.900. – Sells on close below 1908.800 targeting 4h Support formed around 1904.400, Leaving Runners to the 4h previous Resistance formed on 22nd August 2023 around 1900.100. – High impact news ahead of the New York session for the US Dollar for Core CPI m/m, CPI m/m and CPI y/y. High Volatility expected during the New York session.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 13.09.2023 1h chart– Previous Daily candle closed small Bullish at 183.720 forming Daily Support around 183.270. – Buys on close above 183.870 targeting 4h Weak Resistance formed around 184.180, Leaving Runners to the next 4h Resistance formed around 184.650. – Sells on close below 183.350 targeting 4h Support formed around 183.000, Leaving Runners to the 4h previous Strong Resistance formed on 9th August 2023 around 182.740. – As the Daily formed Support, price could be retracing to allow the Weekly candle to form a higher top wick before breaking the lows again.
by SalimFX20
XAUUSD Technical Analysis 12.09.2023 1h chart– Previous Daily candle closed weak Bullish around 1922.400 as price rejects the 1930s level (Same Rejection from last Friday). – Buys on close above 1828.000 targeting 4h Resistance around 1934.100, Leaving Runners to the recent Weekly Resistance around 1940s level. – Sells on close below 1916.500 targeting 4h Support formed around 1909.800, Leaving Runners to the 1h Support formed around 1904.400. – As price continue to range on the 4h timeframe the No Trade Zone becomes larger simply because of the messy range on the Daily / 4h and the 1h, It is extremely important to wait for a strong confirmation before taking any positions.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 12.09.2023 1h chart– Previous Daily candle closed Bearish at 183.270 forming weak Daily Resistance around 183.520. – Buys on close above 183.600 targeting weak 4h Resistance formed around 184.180, Leaving Runners to the next 4h Resistance formed around 184.650 – Sells on close below 183.200 targeting 1h Support formed around 182.840, Leaving Runners to the recent Monthly Support formed around 182.510. – High impact news ahead for the Pound Sterling at the Pre London open as follow : Claimant Count Change and Average Earnings Index 3m/y, High Volatility expected around the London session open.
by SalimFX20
XAUUSD Technical Analysis 11.09.2023 1h chart– Previous Weekly candle closed Bearish at 1919.300 forming Resistance around 1939.900, Friday Daily candle closed weak Bearish forming weak Daily Resistance around 1919.700. – Buys on close above 1924.800 targeting 1h Resistance at 1928.800, Leaving Runners to the 4h Resistance formed at 1934.100. – Sells on close below 1916.400 targeting 4h Support at 1909.800, Leaving Runners to the 1h Support formed at 1904.400. – Sells are looking much easier to take rather than Buys as Friday Daily candle rejected the Upside and Weekly candle closed Bearish forming Resistance
OANDA:XAUUSD
by SalimFX20
1
GBPJPY Technical Analysis 11.09.2023 1h chart– Previous Weekly candle closed weak Bullish at 184.130 forming weak Weekly Support at 183.960, Friday Daily candle closed Bullish forming Support at 183.670. – Buys on close above 184.400 targeting 1h Resistance at 184.730, Leaving Runners to the next 1h Resistance formed at 185.180. – Sells on close below 183.790 targeting 4h Support at 183.490, Leaving Runners to the Daily previous Resistance formed on 2nd August 2023 at 183.060. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for the Pre London / London session for decent volume. - Unfortunately market open has gapped down, still posting this as price could possibly retrace back and in the range and break the lows to retest the current weekly low.
by SalimFX20
XAUUSD Technical Analysis 08.09.2023 1h chart– Previous Daily candle closed small Bullish around 1919.700 forming weak Daily Support around 1916.400. – Buys on close above 1923.800 targeting 1h Resistance formed around 1928.400, Leaving Runners to the 4h Resistance formed around 1933.800. – Sells on close below 1916.400 targeting 4h Support formed around 1909.800, Leaving Runners to the 1h Support formed around 1904.400. – As mentioned at the beginning, price might struggle to push through below 1920s as a Monthly Support was formed recently, Ideally is to allow the Asian session to range and wait for High Volume time at Pre London to London session leading to New York session.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 08.09.2023 1h chart– Previous Daily candle closed Bearish at 183.680 closing just within the recent Daily Support formed on Friday 25th August 2023. – Buys on close above 184.050 targeting 1h Resistance around 184.540, Leaving Runners to the Weekly Resistance formed around 184.910. – Sells on close below 183.380 targeting Daily previous Resistance formed on 2nd August 2023 at 183.060, Leaving Runners to the Monthly Support formed around 182.530. – As Weekly is forming a Rejection to the upside, once the Thursday Daily Low is broken there is a higher probability for price to retest the recent Monthly Support.
by SalimFX20
XAUUSD Technical Analysis 07.09.2023 1h chart– Previous Daily candle closed Bearish at 1916.500 tapping into the previous Daily Support formed on Monday 25th August 2023. – Buys on close above 1920.400 targeting 4h Resistance around 1927.400, Leaving Runners to the next 4h Resistance around 1933.800. – Sells on close below 1913.600 targeting 4h Support around 1909.800, Leaving Runners to the 1h Support formed around 1904.400. – High impact news ahead of the New York session for the US Dollar, starting with Unemployment Claims, later on the session we have FOMC Member Harker due to deliver opening remarks at the Federal Reserve Bank of Philadelphia Seventh Fintech Conference.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 07.09.2023 1h chart– Previous Daily candle closed Bearish at 184.590 forming Daily Resistance at 185.540. – Buys on close above 184.800 targeting 1h Resistance at 185.180, Leaving Runners to the Daily Resistance formed around 185.560. – Sells on close below 184.240 targeting 1h Support at 183.900, Leaving Runners to fill the Weekly Lows around 183.530. – Ideally is to allow the Asian session to Consolidate and wait for High Volume time around the Pre London Open for a higher probability setups.
by SalimFX20
XAUUSD Technical Analysis 06.09.2023 1h chart– Previous Daily candle closed strong Bearish around 1926.100 as price broke below the Friday Daily Low with clean traffic on the left. – Buys on close above 1929.100 targeting 4h Resistance formed around 1934.100, Leaving Runners to the next 4h Resistance formed around 1938.800. – Sells on close below 1821.200 targeting 4h Support formed around 1917.000, Leaving Runners to the 30min Strong Support formed around 1913.700. – High impact news ahead of the New York session for ISM Services PMI, High Volatility expected during data release.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 06.09.2023 1h chart– Previous Daily candle closed Bullish at 185.540 respecting Daily Support formed on Monday. – Buys on close above 186.010 targeting Daily Resistance around 186.440, Leaving Runners to fill the wick of the Monthly High ( August) around 186.760. – Sells on close below 185.220 targeting 30min Support around 184.820, Leaving Runners to the 4h Support formed around 184.260. – Monetary Policy Report Hearings from Bank Of England Governor Andrew Bailey and MPC Members around the New York session.
by SalimFX20
XAUUSD Technical Analysis 05.09.2023 1h chart– Previous Daily candle closed small Bearish at around 1938.400 respecting Daily Resistance formed on Thursday 31st August 2023 ( Last Week ). – Buys on close above 1941.800 targeting 4h Resistance formed around 1945.300, Leaving Runners to the next 4h Resistance formed around 1950.300. – Sells on close below 1935.300 targeting 4h previous Resistance formed on 9th August 2023 at 1930.000, Leaving Runners to the next 4h Resistance formed on 29th August 2023 around 1924.000 – Ideally is to wait for a much stronger confirmation for either Buys or Sells as price has been consolidating on the 4h timeframe and mostly throughout the whole sessions on Monday apart from the Pre London volume Buys.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 05.09.2023 1h chart– Previous Daily candle closed Bullish at 184.890 forming new Daily Support around 183.960. – Buys on close above 185.060 targeting 1h Resistance formed at 185.670, Leaving Runners to the next 1h Resistance formed around 185.670. – Sells on close below 184.660 targeting 30min Support formed at 184.320, Leaving Runners to the Daily / 4h Support formed around 183.960. – Price might be pushing up to form a top wick for the new Weekly candle before breaking the Lows, based on higher timeframe price needs to break and close above 186 level above Weekly and Daily Resistance to anticipate the wick fill to the upside for the previous Monthly High.
by SalimFX20
XAUUSD Technical Analysis 04.09.2023 1h chart– Previous Weekly candle closed Bullish at 1940.100 respecting recent Weekly Support formed around 1889.500, Friday Daily candle closed Doji Bullish with a Rejection to the upside. – Buys on close above 1943.900 targeting 4h Resistance at 1950.200, Leaving Runners to the Daily previous Support formed on 25th July 2023 at 1954.700. – Sells on close below 1935.300 targeting 4h previous Resistance formed on 9th August 2023 at 1930.000, Leaving Runners to the 4h previous Resistance formed on 29th August 2023 at 1924.000. – Monday Bank Holiday, US banks will be closed in observance of Labour Day, It is important to wait for a strong confirmation as price could possibly range.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 04.09.2023 1h chart– Previous Weekly candle closed weak Bearish at 183.940 respecting recent Weekly Resistance, Friday Daily candle closed small bearish respecting Daily Support formed on Friday 25th August 2023. – Buys on close above 184.450 targeting Weekly Resistance formed at 184.900, Leaving Runners to the 1h Resistance formed around 185.290. – Sells on close below 183.690 targeting a potential a Weekly Wick Fill around 183.350, Leaving Runners to the Daily previous Resistance formed on 2nd August 2023 at 183.050. – Ideally is to allow the Asian session to consolidate forming new Price Action for the week ahead, More likely to see volume during London session leading to Pre New York session.
by SalimFX20
XAUUSD Technical Analysis 01.09.2023 1h chart– Previous Daily candle closed small Bearish at 1939.800 forming Daily Resistance around 1942.500 as price ranges on the lower timeframe. – Buys on close above 1947.600 targeting 1h Resistance formed at 1953.200, Leaving Runners to the June / July strong Weekly Resistance around 1961.800. – Sells on close below 1935.000 targeting 4h previous Resistance formed on 9th August 2023 at 1930.000, Leaving Runners to the 4h previous Resistance formed on 29th August 2023 at 1924.000. – High impact news ahead of the New York session open for the US Dollar, starting with Average Hourly Earnings m/m, Non-Farm Employment Change and Unemployment Rate, High Volatility expected during the news release.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 01.09.2023 1h chart– Previous Daily candle closed strong Bearish at 184.350 forming Daily Resistance around 185.950 as the whole strong Bullish move up from Wednesday got corrected on Thursday. – Buys on close above 184.660 targeting 1h Resistance at 185.250, Leaving Runners to the next 1h Resistance formed around 185.650. – Sells on close below 184.060 targeting 1h Support at 183.580, Leaving Runners to the Daily previous Resistance formed on 2nd August 2023 at 183.080. – As the current Weekly candle rejecting the Highs and respecting the Weekly Resistance formed last week, There is a good probability for current Weekly candle to fill the previous one.
by SalimFX20
2
XAUUSD Technical Analysis 31.08.2023 1h chart– Previous Daily candle closed Bullish at 1942.500 almost tapping into a Strong Key Level around 1950s. – Buys on close above 1947.600 targeting 1h Resistance at 1953.200, Leaving Runners to the Strong Weekly Resistance formed between June and July 2023 around 1961.800. – Sells on close below 1935.000 targeting 4h previous Resistance formed on 9th August 2023 at 1930.000, Leaving Runners to the 4h previous Resistance formed on 29th August 2023 at 1924.000. – High impact news ahead of the New York session for the US Dollar, Core PCE Price Index m/m and Unemployment Claims. High Volatility expected during data release.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 31.08.2023 1h chart– Previous Daily candle closed strong Bullish at 185.950 forming new Daily Support around 184.370. – Buys on close above 186.190 targeting 1h strong Resistance formed at 186.530, Leaving Runners to the Weekly Rejection formed around 186.760. – Sells on close below 185.560 targeting 1h Support at 185.210, Leaving Runners to the 1h previous Resistance formed at 184.680. – As the August Monthly candle coming to a close, it is extremely important to wait for a strong confirmation as price action can be messy and difficult to trade.
by SalimFX20
3
XAUUSD Technical Analysis 30.08.2023 1h chart– Previous Daily candle closed strong Bullish at 1936.400 respecting Daily Support formed on Tuesday this week. – Buys on close above 1939.000 targeting 4h Resistance at 1944.500, Leaving Runners to the next 4h Resistance formed at 1950.000 retesting 1950s higher timeframe Key Level. – Sells on close below 1934.100 targeting 4h previous Resistance formed on 9th August 2023 at 1930.400, Leaving Runners to the 1h previous Resistance formed at 1926.300. – High impact news ahead of the New York session for ADP Non-Farm Employment Change, Prelim GDP q/q, followed by Prelim GDP Price Index q/q and Pending Home Sales m/m, High Volatility expected during this session.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 30.08.2023 1h chart– Previous Daily candle closed Bearish at 184.370 forming Daily Resistance around 184.600 leaving a Rejection to the upside. – Buys on close above 184.600 targeting 30min Resistance at 180.040, Leaving Runners to the 4h previous Support formed around 185.470. – Sells on close below 184.070 targeting Daily Support formed on Friday 25th August 2023 at 183.170, Leaving Runners to fill the previous Weekly Low around 183.350. – The probability of price continuing bearish becomes high as the current Weekly candle has retested recent Weekly Resistance around 186.200 and the Wednesday Daily candle closed bearish with a rejection to the Upside.
by SalimFX20
XAUUSD Technical Analysis 29.08.2023 1h chart– Previous Daily candle closed Bullish at 1920.200 forming new Daily Support around 1914.300. – Buys on close above 1925.300 targeting 4h previous Support formed on 4th August 2023 at 1932.800, Leaving Runners to the 4h Resistance formed at 1938.300. – Sells on close below 1914.000 targeting 4h Support formed at 1909.700, Leaving Runners to the 1h Support formed at 1904.000. – High impact news ahead of the New York session open starting with S&P/CS Composite-20 HPI y/y, followed by CB Consumer Confidence and JOLTS Job Openings, High Volatility expected during this session.
OANDA:XAUUSD
by SalimFX20