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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
GBPJPY Technical Analysis 29.08.2023 1h chart– Previous Daily candle closed Bullish at 184.580 respecting Daily Support formed on Friday last week. – Buys on close above 184.780 targeting 30min Resistance formed at 185.080, Leaving Runners to the 4h previous Support formed on 23rd August 2023 at 185.480. – Sells on close below 184.260 targeting 4h Support formed at 184.030, Leaving Runners to the Daily Support formed at 183.720. – Despite the Monday Daily candle being Bullish price ranged for most of the sessions, Ideally is to wait for high volume time to have a strong confirmation.
by SalimFX20
XAUUSD Technical Analysis 28.08.2023 1h chart– Previous Weekly candle closed Bullish at 1914.400 forming Weekly Support around 1889.500, Friday Daily candle closed small Bearish at 1914.400 forming weak Daily Resistance around 1916.800. – Buys on close above 1921.700 targeting 4h Resistance at 1926.800, Leaving Runners to the 4h previous Support formed on 4th August 2023 at 1932.800. – Sells on close below 1910.000 targeting 1h Support formed at 1904.300, Leaving Runners to the 4h previous Resistance at 1900.000 retesting the higher timeframe Key Level. – Ideally is to allow the Asian session to form a new range for the week ahead and look for a strong confirmation during high volume times, Monday is a Summer Bank Holiday for the UK so there is a possibility that price could range during the London session leading to the Pre New York session open.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 28.08.2023 1h chart– Previous Weekly candle closed Bearish at 184.040 forming Weekly Resistance at 185.040, Friday Daily candle closed small Bullish forming Support around 183.730. – Buys on close above 184.370 targeting 4h Resistance at 184.640, Leaving Runners to the previous Daily Support formed on 21st August 2023 at 185.040. – Sells on close below 183.880 targeting 4h Support at 183.480, Leaving Runners to the previous Daily Resistance formed on 2nd August 2023 at 183.080. – Starting the week with a Summer Bank Holiday this Monday, Price could possibly range due to a decrease in market participation as UK banks will be closed.
by SalimFX20
XAUUSD Technical Analysis 25.08.2023 1h chart– Previous Daily candle closed Weak Bullish at 1916.800 as price consolidated with the No Trade Zone from yesterday’s Analysis. – Buys on close above 1921.800 targeting 4h Resistance formed at 1926.300, Leaving Runners to the 1h Resistance formed at 1931.000. – Sells on close below 1914.500 targeting 15min Support at 1909.100, Leaving Runners to the 30min Support formed at 1903.800. – High Impact News ahead of the New York session, starting with Revised UoM Consumer Sentiment, Fed Chair Powell due to speak about the economic outlook at the Jackson Hole Economic Policy Symposium in Wyoming, after that we have FOMC Member Harker due to discuss the economic outlook in an interview conducted by Bloomberg TV, After that another interview conducted by Yahoo Finance Live. High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 25.08.2023 1h chart– Previous Daily candle closed small Bearish at 183.720 respecting the No Trade Zone we’ve had on yesterday’s Analysis. – Buys on close above 184.150 targeting 1h Resistance at 184.580, Leaving Runners to the 4h previous Support formed on 20th August 2023 at 184.880. – Sells on close below 183.460 targeting Daily previous Resistance formed on 2nd August 2023 at 183.070, Leaving Runners to the 4h Support formed at 182.510. – As Thursday Daily candle ranged within the No Trade Zone, Sells targets remained the same as the previous Analysis.
by SalimFX20
XAUUSD Technical Analysis 24.08.2023 1h chart– Previous Daily candle closed strong Bullish at 1914.400 retesting the previous Weekly Support formed around 1920s. – Buys on close above 1920.300 targeting 4h Resistance at 1926.300, Leaving Runners to the 1h Resistance formed at 1931.000. – Sells on close below 1913.800 targeting 15min Support formed at 1909.100, Leaving Runners to the 30min Support formed at 1903.800. – High Impact News ahead of the New York session as follow : Unemployment Claims, Core Durable Goods Orders m/m, Durable Goods Orders m/m and the FOMC Member Harker due to discuss the economic outlook in an interview conducted by CNBC, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 24.08.2023 1h chart– Previous Daily candle closed strong Bearish at 184.220 respecting Daily Resistance formed on Tuesday and breaking below Daily Support formed on Monday this week. – Buys on close above 184.470 targeting 30min Resistance at 185.050, Leaving Runners to the 4h Resistance formed at 185.700. – Sells on close below 183.500 targeting Daily previous Resistance formed on 2nd August 2023 at 183.070, Leaving Runners to the 4h Support formed at 182.510. – Sells have been predicted from the beginning of the week, Weekly current Rejection level is a strong Monthly and Weekly Resistance formed in November 2015.
by SalimFX20
XAUUSD Technical Analysis 23.08.2023 1h chart– Previous Daily candle closed small Bullish at 1897.600 respecting Daily Support formed on Monday. – Buys on close above 1900.100 targeting 4h Resistance formed at 1905.500, Leaving Runners to the next 4h Resistance formed at 1911.900. – Sells on close below 1893.600 targeting Daily Support formed at 1889.100, Leaving Runners to the 1h Strong Support formed at 1884.900. – High impact news ahead of the New York session for Flash Manufacturing PMI, Flash Services PMI and New Home Sales, High Volatility expected during the news release leading to London session close.
OANDA:XAUUSD
by SalimFX20