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Breakdownanalysis

XAUUSD Technical Analysis 23.11.2023 1h chart– Previous Daily candle closed Bearish around 1989.900 forming Daily Resistance at 1998.600 as price failed to break above Weekly Resistance formed on 30th October 2023. – Buys on close above 1922.800 targeting Daily Resistance around 1998.600, Leaving Runners to the 1h Resistance formed around 2003.800. – Sells on close below 1985.400 targeting 4h previous Resistance formed around 1981.000, Leaving Runners to the 30min Support formed at 1976.800. – Price could possibly range as US Banks will be closed in observance of Thanksgiving Day.
OANDA:XAUUSD
by SalimFX20
2
GBPJPY Technical Analysis 23.11.2023 1h chart– Previous Daily candle closed Bullish around 186.820 respecting Daily Support formed on Tuesday. – Buys on close above 187.150 targeting 4h Resistance formed around 187.600, Leaving Runners to the Daily Resistance formed around 187.910. – Sells on close below 186.400 targeting 4h previous Resistance formed around 186.020, Leaving Runners to the 30min Support formed around 185.690. – High Impact News ahead of the London session for the Pound Sterling, Flash Manufacturing PMI and Flash Services PMI, High Volatility expected.
by SalimFX20
XAUUSD Technical Analysis 22.11.2023 1h chart– Previous Daily candle closed strong Bullish around 1998.700 forming strong Daily Support around 1977.600. – Buys on close above 2005.500 targeting 4h Resistance formed on 16th May 2023 around 2012.300, Leaving Runners to the Weekly Resistance formed around 2017.300. – Sells on close below 1996.000 targeting 4h previous Resistance around 1991.900, Leaving Runners to the 4h Support formed around 1985.400. – High Impact News ahead of the New York session for the US Dollar, Unemployment Claims, Revised UoM Consumer Sentiment, Core Durable Goods Orders m/m and Durable Goods Orders m/m.
OANDA:XAUUSD
by SalimFX20
3
GBPJPY Technical Analysis 22.11.2023 1h chart– Previous Daily candle closed Bullish around 186.020 forming Daily Support around 185.460, Rejecting the bottom of the Daily Range formed on the left. – Buys on close above 186.170 targeting 1h Resistance formed around 186.770, Leaving Runners to the next 1h Resistance formed around 187.130. – Sells on close below 185.540 targeting 4h Support formed around 185.060, Leaving Runners to the 30min Support formed at 184.640. – Monetary Policy Report Hearings that could impact the Pound Sterling during the London session.
by SalimFX20
1
XAUUSD Technical Analysis 21.11.2023 1h chart– Previous Daily candle closed weak Bearish around 1977.800 as price respects the Daily Resistance formed on Friday last week. – Buys on close above 1983.600 targeting Monthly Resistance formed in May 2023 around 1989.700, Leaving Runners to the 1h Resistance formed on 3rd November 2023 around 1995.200. – Sells on close below 1973.700 targeting 4h Support formed around 1968.200, Leaving Runners to the previous Daily Resistance formed on 15th November 2023 around 1963.300. – Medium Impact News ahead of the New York session for the US Dollar, Home Existing Sales, Later on the session we have FOMC Meeting Minutes.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 21.11.2023 1h chart– Previous Daily candle closed strong Bearish around 185.470 retesting Daily consolidation zone formed couple of weeks ago. – Buys on close above 185.670 targeting 1h Resistance formed around 186.090, Leaving Runners to the 4h Resistance formed around 186.460. – Sells on close below 185.180 targeting 1h Support formed around 184.800, Leaving Runners to the 1h previous Monthly Resistance formed in September 2023 around 184.360. – There could be a potential Daily Support to be formed around 184.500 level before the continuation to the downside.
by SalimFX20
XAUUSD Technical Analysis 20.11.2023 1h chart– Previous Weekly candle closed strong Bullish at 1980.700 forming strong Weekly Support around 1938.400, Friday Daily candle closed weak Bearish forming weak Daily Resistance around 1981.400. – Buys on close above 1984.800 targeting 30min Resistance formed around 1990.200, Leaving Runners to the 1h Resistance formed on 3rd November 2023 around 1995.200. – Sells on close below 1978.700 targeting 4h previous Resistance formed around 1971.700, Leaving Runners to the 1h Support formed around 1964.200. – As a new Weekly candle opening, Ideally is to allow the Asian session to form a new range and wait for Pre London / London session leading to New York session for high volume time.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 20.11.2023 1h chart– Previous Weekly candle closed Bullish at 186.420 leaving a Rejection wick to the upside around 188.290, Friday Daily candle closed Bearish as price retested the recent Daily consolidation zone. – Buys on close above 186.600 targeting 4h Resistance around 187.010, Leaving Runners to the 4h previous Support formed around 187.420. – Sells on close below 186.120 targeting 4h Support around 185.650, Leaving Runners to the next 4h Support formed around 185.140. – Bank Of England Governor Andrew Bailey due to speak at the Henry Plumb Memorial Lecture in England.
by SalimFX20
XAUUSD Technical Analysis 17.11.2023 1h chart– Previous Daily candle closed Strong Bullish around 1981.600 forming Daily Support around 1959.600. – Buys on close above 1987.900 targeting Daily Resistance formed around 1992.800, Leaving Runners to the 4h Resistance formed around 2000.300 retesting Strong Key Level. – Sells on close below 1979.000 targeting 1h previous Resistance formed around 1973.700, Leaving Runners to the next 1h previous Resistance formed around 1967.700. – Medium Impact News ahead of the New York session for the US Dollar, Building Permits forecasted at 1.45M, previously was 1.47M.
OANDA:XAUUSD
by SalimFX20
2
GBPJPY Technical Analysis 17.11.2023 1h chart– Previous Daily candle closed Bearish around 187.050 respecting the weak Daily Resistance formed on Wednesday. – Buys on close above 187.610 targeting Daily Resistance formed around 187.900, Leaving Runners to the 4h Resistance formed around 188.180. – Sells on close below 186.830 targeting 1h Support formed around 186.230, Leaving Runners to the previous Daily Resistance formed on 31st August 2023 around 185.690. – High Impact News ahead for the Pound Sterling at the Pre London session open, Retail Sales m/m forecasted at 0.5%, previously was -0.9%, High Volatility expected at the London session open.
by SalimFX20
XAUUSD Technical Analysis 16.11.2023 1h chart– Previous Daily candle closed Bearish around 1959.500 forming Daily Resistance around 1963.200 leaving a Rejection wick to the upside. – Buys on close above 1963.500 targeting 1h previous Support formed around 1967.100, Leaving Runners to the 4h Resistance formed around 1971.700. – Sells on close below 1956.900 targeting previous Daily Support formed on 9th November 2023 around 1950.000, Leaving Runners to the 4h Support formed around 1944.000. – High Impact News ahead of the New York session for the US Dollar, Unemployment Claims, Philly Fed Manufacturing Index and Industrial Production m/m.
OANDA:XAUUSD
by SalimFX20
1
GBPJPY Technical Analysis 16.11.2023 1h chart– Previous Daily candle closed Doji Bearish around 187.910 as price form a new range on the 4h timeframe. – Buys on close above 188.250 targeting Monthly Rejection wick formed in November 2015 around 188.820, Leaving Runners to the Previous Weekly Support formed on 13th July 2015 around 189.320. – Sells on close below 187.440 targeting previous Daily Resistance formed on 5th November 2015 around 187.000, Leaving Runners to the 1h previous Resistance formed around 186.630. – Ideally is to allow the Asian session form a new range for the Thursday Daily candle and wait for strong confirmation during high volume time.
by SalimFX20
1
XAUUSD Technical Analysis 15.11.2023 1h chart– Previous Daily candle closed strong Bullish around 1963.200 breaking above Daily Resistance formed on Friday last week. – Buys on close above 1969.000 targeting 1h Resistance formed around 1974.500, Leaving Runners to the 4h previous Support formed around 1978.200. – Sells on close below 1961.500 targeting 15mins Support formed around 1954.300, Leaving Runners to the 1h previous Resistance formed around 1948.600. – High Impact News ahead of the New York session for the US Dollar, starting with Core PPI m/m, Core Retail Sales m/m, Empire State Manufacturing Index, PPI m/m and Retail Sales m/m followed by the Crude Oil Inventories.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 15.11.2023 1h chart– Previous Daily candle closed strong Bullish around 187.900 tapping into a Rejection Monthly area formed in November 2015. – Buys on close above 188.300 targeting Monthly Rejection formed in November 2015 around 188.820, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.320. – Sells on close below 187.660 targeting previous Daily Resistance formed on 5th November 2015 around 187.000, Leaving Runners to the 1h previous Resistance formed around 186.630. – High Impact News ahead at the Pre London session open. CPI y/y, High Volatility expected at the London session open.
by SalimFX20
GBPJPY Technical Analysis 14.11.2023 1h chart– Previous Daily candle closed strong Bullish around 186.240 breaking out of the Daily Consolidation Zone formed last week. – Buys on close above 186.320 targeting 4h Resistance formed around 186.640, Leaving Runners to the previous Daily Resistance formed on 5th November 2023 around 187.000. – Sells on close below 185.810 targeting 1h Support formed around 185.450, Leaving Runners to the next 1h Support formed around 185.130. – High Impact News at Pre London session open, Claimant Count Change and Average Earnings Index 3m/y, High Volatility expected at the London open.
by SalimFX20
XAUUSD Technical Analysis 13.11.2023 1h chart– Previous Weekly candle closed strong Bearish at 1938.400, Friday Daily candle closed Bearish forming new Daily Resistance around 1958.600. – Buys on close above 1945.900 targeting 4h Resistance around 1953.600, Leaving Runners to the next 4h Resistance formed around 1959.300. – Sells on close below 1933.000 targeting 4h previous Resistance formed on 17th October 2023 around 1926.400, Leaving Runners to the Daily Support formed on 17th October 2023 around 1920.000. – Ideally is to allow the Asian session to form a new range for the new week ahead and wait for Pre London / London open for high volume time.
OANDA:XAUUSD
by SalimFX20
1
GBPJPY Technical Analysis 13.11.2023 1h chart– Previous Weekly candle closed Bullish at 185.150 leaving a Rejection wick to the upside around 185.960, Friday Daily candle closed small Bullish within the Daily Consolidation Zone. – Buys on close above 185.340 targeting 4h Resistance around 185.780, Leaving Runners to the Weekly Rejection formed on 28th August 2023 around 186.060. – Sells on close below 184.640 targeting previous Daily Resistance formed on 1st November 2023. around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.750. – The Analysis has been kept the same as the ones posted for Friday as price consolidated within the No Trade Zone provided for Friday.
by SalimFX20
1
XAUUSD Technical Analysis 10.11.2023 1h chart– Previous Daily candle closed Bullish around 1958.400 forming Daily Support around 1950.300. – Buys on close above 1964.400 targeting 1h Resistance formed around 1969.500, Leaving Runners to the next 1h Resistance formed around 1974.500. – Sells on close below 1956.000 targeting Daily Support formed around 1950.300, Leaving Runners to the 1h Support formed around 1945.500. – High Impact News ahead for the US Dollar, Prelim UoM Consumer Sentiment and Prelim UoM Inflation Expectations.
OANDA:XAUUSD
by SalimFX20
1
GBPJPY Technical Analysis 10.11.2023 1h chart– Previous Daily candle closed Bearish around 184.930 forming Daily Resistance around 185.420 as price consolidate on Daily timeframe within the current Weekly candle. – Buys on close above 185.320 targeting 4h Resistance formed around 185.780, Leaving Runners to the Weekly Rejection formed on 28th August 2023 around 186.060. – Sells on close below 184.640 targeting previous Daily Resistance formed on 1st November 2023 around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.750. – High Impact News ahead of the Pound Sterling before London Open, GDP m/m and Prelim GDP q/q, High Volatility expected during the London session open.
by SalimFX20
XAUUSD Technical Analysis 09.11.2023 1h chart– Previous Daily candle closed Strong Bearish around 1950.300 filling the rejection wick formed on Tuesday. – Buys on close above 1956.400 targeting 30min previous Support formed around 1960.600, Leaving Runners to the 1h Resistance formed around 1965.200. – Sells on close below 1947.300 targeting Weekly previous Resistance formed on 4th September 2023 around 1940.200, Leaving Runners to the Daily previous Resistance formed on 19th September 2023 around 1934.000. – High Impact News ahead of the New York session for the US Dollar, starting with Unemployment Claims, Federal Reserve Chair Jerome Powell due to participate in a panel discussion titled ” Monetary Challenges in a Global Economy ” at the Jacques Polak Annual Research Conference in Washington DC.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 09.11.2023 1h chart– Previous Daily candle closed Bullish around 185.420 breaking above weak Daily Resistance formed on Tuesday, Forming Daily Support around 184.820. – Buys on close above 185.670 targeting Daily Resistance formed on 31st August 2023 around 185.970, Leaving Runners to the Daily Resistance formed on 22nd August 2023 around 186.430. – Sells on close below 185.200 targeting 1h Support formed around 184.900, Leaving Runners to the 4h Support formed around 184.620. – Ideally is to allow the Asian session to consolidate and wait for a much stronger confirmation during high volume time at Pre London / London open leading to New York session.
by SalimFX20
XAUUSD Technical Analysis 08.11.2023 1h chart– Previous Daily candle closed Bearish around 1969.300 just below Daily Support formed on 25th October 2023. – Buys on close above 1971.100 targeting 1h Resistance formed around 1974.200, Leaving Runners to the next 1h Resistance formed around 1978.400. – Sells on close below 1967.000 targeting 4h Support formed around 1963.600, Leaving Runners to the 1h Support formed around 1958.800. – Federal Reserve Chair Jerome Powell due to deliver opening remarks at the Division of Research and Statistics Centennial Conference in Washington DC.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 08.11.2023 1h chart– Previous Daily candle closed Bearish around 184.810 forming Daily Resistance around 185.190. – Buys on close above 185.370 targeting 4h Resistance formed around 185.600, Leaving Runners to the Daily Resistance formed on 31st August 2023 around 185.970. – Sells on close below 184.650 targeting Daily Resistance formed on 1st November 2023 around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.730. -Bank Of England Governor Andrew Bailey due to speak at the Central Bank of Ireland Financial System Conference in Dublin.
by SalimFX20