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XAUUSD Technical Analysis 21.12.2023 1h chart– 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.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 21.12.2023 1h chart– Previous Daily candle closed Bearish around 181.340 forming Daily Resistance around 183.070. – Buys on close above 181.540 targeting 1h previous Support formed around 181.960, Leaving Runners to the 4h Resistance formed around 182.330. – Sells on close below 181.090 targeting Weekly previous Support formed on 7th August 2023 around 180.660, Leaving Runners to the 4h Support formed around 180.340. – As Daily Resistance has been formed and price corrected the whole Bullish move we’ve had on Tuesday retracing to the recent Daily Range Zone, there is a probability for the next 2 Daily candles (Thursday & Friday) to range.
by SalimFX20
XAUUSD Technical Analysis 20.12.2023 1h chart– Previous Daily candle closed strong Bullish around 2040.100 above Daily Resistance formed on Friday 15th December 2023. – Buys on close above 2044.500 targeting 30min Resistance formed on 4th December 2023 around 2050.500, Leaving Runners to the 1h previous Rejection formed on 4th December 2023 around 2057.800 – Sells on close below 2036.700 targeting 30min previous Resistance formed around 2031.500, Leaving Runners to the 1h Support formed around 2025.500. – High Impact News ahead of the New York session for the US Dollar, CB Consumer Sentiment and Existing Home Sales, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 20.12.2023 1h chart– Previous Daily candle closed strong Bullish around 183.080 retesting Daily Resistance formed on Tuesday last week (12.12.2023). – Buys on close above 183.420 targeting 1h Resistance formed at 184.010, Leaving Runners to the 4h previous Support formed on 8th November 2023 around 184.590. – Sells on close below 182.610 targeting 1h previous Resistance formed on 19th December 2023 around 181.900, Leaving Runners to the next 1h previous Resistance formed around 181.290. – High Impact News ahead of the Pre London session for the Pound Sterling. CPI y/y forecasted at 4.3% previously was 4.6%.
by SalimFX20
XAUUSD Technical Analysis 19.12.2023 1h chart– Previous Daily candle closed Bullish around 2027.300, forming Daily Support around 2019.600 as price almost retest recent Daily Resistance formed on Friday last week. – Buys on close above 2033.800 targeting 4h Resistance formed around 2042.800, Leaving Runners to the 15min Resistance formed around 2048.000. – Sells on close below 2017.500 targeting previous 4h Support formed on 27th November 2023 around 2009.600, Leaving Runners to the Weekly Support formed around 2004.100. – The No Trade Zone area is much bigger than usual due to recent Price Action consolidating on the lower timeframe, also as we approach end of the year it is expected to see a reduce in volume. It is extremely important to wait for strong confirmation with a good risk management plan.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 19.12.2023 1h chart– Previous Daily candle closed small Bullish around 180.550 within the recent Daily range as price consolidates on the lower timeframe. – Buys on close above 181.100 targeting 4h Resistance around 181.560, Leaving Runners to the 30min Resistance formed around 181.950. – Sells on close below 180.070 targeting 1h previous Resistance formed on 14th December 2023 around 179.370, Leaving Runners to the 1h Support formed around 179.010. – High Impact News ahead of the Asian session for the Japanese Yen for review on interest rates, Monetary Policy Meeting Minutes, Monetary Policy Statement, Bank Of Japan Policy Rate followed by Bank Of Japan Press Conference, High Volatility expected
by SalimFX20
XAUUSD Technical Analysis 18.12.2023 1h chart– Previous Weekly candle closed small Bullish around 2019.800 forming Weekly Support around 2004.000, Friday Daily candle closed Bearish forming Daily Resistance around 2036.400. – Buys on close above 2023.500 targeting 1h previous Strong Support formed at 2030.200, Leaving Runners to the Daily Resistance formed on Friday around 2036.400. – Sells on close below 2013.100 targeting 4h previous Resistance formed on 10th December 2023 around 2005.500, Leaving Runners to the 1h previous Resistance formed on 11th December 2023 around 1999.100. – Ideally is allow the Asian session to consolidate forming a new range for the new Weekly candle and anticipate to see decent volume around Pre London / London session open.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 18.12.2023 1h chart– Previous Weekly candle closed Bearish around 180.070 closing below Strong Weekly Support, Friday Daily candle closed Bearish forming Daily Resistance around 181.090. – Buys on close above 180.480 targeting 1h Resistance formed around 180.910, Leaving Runners to the previous Daily Support formed on 8th December 2023 around 181.410. – Sells on close below 179.830 targeting 1h previous Resistance formed at 179.370, Leaving Runners to the 1h Support formed around 179.010. – Ideally is to allow the Asian to consolidate forming a new range for the Weekly candle and anticipate to see decent volume around Pre London / London open.
by SalimFX20
XAUUSD Technical Analysis 15.12.2023 1h chart– Previous Daily candle closed weak Bullish around 2036.400 as price consolidate on the 4h timeframe. – Buys on close above 2043.700 targeting 30min Resistance around 2050.800 Leaving Runners to the 1h previous Rejection formed on 4th December 2023 around 2057.800. – Sells on close below 2030.700 targeting previous Daily Low around 2024.300, Leaving Runners to the previous Daily Support formed on 6th December 2023 around 2018.700. – High Impact News ahead of the New York session for the US Dollar, starting with Empire State Manufacturing Index, Flash Manufacturing PMI, Flash Services PMI followed by Industrial Production m/m. High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 15.12.2023 1h chart– Previous Daily candle closed Bullish around 181.100 forming Daily Support around 180.200 leaving a Rejection to the downside. – Buys on close above 181.230 targeting 1h Resistance around 181.850, Leaving Runners to the 4h previous Support formed around 182.580. – Sells on close below 180.510 targeting 30min Support formed around 180.060, Leaving Runners to the 30min previous Resistance formed around 179.510. – High Impact News ahead of the London session for the Pound Sterling, Flash Manufacturing PMI and Flash Services PMI.
by SalimFX20
1
XAUUSD Technical Analysis 14.12.2023 1h chart– Previous Daily candle closed extremely Bullish around 2027.500 forming Strong Daily Support around 1979.300. – Buys on close above 2032.400 targeting 4h Resistance around 2037.700, Leaving Runners to the 15min previous Support formed on 4th December 2023 around 2044.200. – Sells on close below 2024.000 targeting previous 4h Support formed on 5th December 2023 around 2017.400, Leaving Runners to the previous 4h Support formed on 27th November 2023 around 2010.000. – High Impact News ahead of the New York session for the US Dollar, Core Retail Sales m/m, Retail Sales m/m and Unemployment Claims, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 14.12.2023 1h chart– Previous Daily candle closed strong Bearish around 180.210 breaking below recent Daily Support formed last Friday 8th December 2023. – Buys on close above 180.750 targeting previous Weekly Support formed on 30th October 2023 around 181.280, Leaving Runners to the 1h Resistance formed around 181.830. – Sells on close below 179.920 targeting 15min previous Resistance formed on 28th July 2023 around 179.250, Leaving Runners to the previous Weekly Low targeting a potential Wick Fill around 178.520. – High Impact News ahead for the Pound Sterling as Bank Of England review interest rate. Monetary Policy Summary, MPC Official Bank Rate Votes and the Official Bank Rate decision forecasted to maintain at 5.25%. high volatility expected.
by SalimFX20
XAUUSD Technical Analysis 13.12.2023 1h chart– Previous Daily candle closed weak Bearish around 1979.300 leaving a Rejection wick around 1996.800. – Buys on close above 1983.700 targeting 1h Strong Resistance formed around 1988.500, Leaving Runners to the 1h previous Support formed around 1992.800. – Sells on close below 1976.000 targeting 4h Support formed around 1968.100, Leaving Runners to the previous Daily Resistance formed on 15th November 2023 around 1963.300. – High Impact News ahead for the US Dollar at the New York session starting with Core PPI m/m and PPI m/m. later on followed by Federal Funds Rate, FOMC Economic Projections, FOMC Statement and the FOMC Press Conference, Federal Reserve expected to maintain interest rates at 5.50%. High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 13.12.2023 1h chart– Previous Daily candle closed Bearish around 182.650 forming Daily Resistance around 183.440 as price respect the previous Daily Support formed on 2nd November 2023. – Buys on close above 183.000 targeting 1h Resistance formed around 183.250, Leaving Runners to the Daily Resistance formed around 183.500. – Sells on close below 182.430 targeting 1h previous Resistance formed on 8th December 2023 around 181.960, Leaving Runners to the Daily Support formed on Friday 8th December 2023 around 181.430. – There is a higher probability for price to retest the recent strong Weekly Support knowing that Daily Resistance has been formed which means the current Weekly high formed aswell, Sells are more likely to play out.
by SalimFX20
XAUUSD Technical Analysis 12.12.2023 1h chart– Previous Daily candle closed Bearish around 1981.700 retesting Daily Support formed on 21st November 2023. – Buys on close above 1984.500 targeting previous Daily Support formed on 23rd November 2023 around 1989.700, Leaving Runners to the 4h Resistance formed around 1994.300. – Sells on close below 1976.000 targeting 4h previous Resistance formed on 15th November 2023 around 1971.700, Leaving Runners to the 30min Support formed around 1966.400. – High Impact News ahead of the New York session for the US Dollar, Starting with Core CPI m/m, CPI m/m, CPI y/y, followed by 30-y Bond Auction.
OANDA:XAUUSD
by SalimFX20
2
GBPJPY Technical Analysis 12.12.2023 1h chart– Previous Daily candle closed strong Bullish around 183.450 as price retests the previous Strong Daily Support area around 184.600 – Buys on close above 183.730 targeting 4h Resistance around 184.070, Leaving Runners to the 30min Resistance formed around 184.440. – Sells on close below 183.240 targeting previous 30min Resistance formed around 182.760, Leaving Runners to the 1h Support formed around 182.370. – High Impact News ahead of the Pre London session for the Pound Sterling, Claimant Count Change and Average Earnings Index 3m/y, High Volatility expected during the London session open.
by SalimFX20
1
XAUUSD Technical Analysis 11.12.2023 1h chart– Previous Weekly candle closed strong Bearish around 2004.300 forming strong Weekly Resistance formed around 2072.000 leaving a Weekly Rejection around 2149.200, Friday Daily candle also closed Bearish forming new Daily Resistance around 2028.700. – Sells on close below 1995.000 targeting Daily Support formed on 23rd November 2023 around 1989.500, Leaving Runners to the 4h previous Resistance formed on 20th November 2023 around 1981.500. – Ideally is to allow the Asian session to consolidate forming a new range for the new Weekly candle ahead.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 11.12.2023 1h chart– Previous Weekly candle closed Strong Bearish around 181.870 closing just above recent Weekly Support formed at 181.270, Friday Daily candle closed small Bullish forming weak Daily Support around 181.410. – Buys on close above 182.390 targeting previous 4h Support formed on 2nd November 2023 around 182.940, Leaving Runners to the previous Daily Support formed on 2nd November 2023 around 183.410. – Sells on close below 181.520 targeting 4h Support formed around 180.890, Leaving Runners to the next 4h Strong Support formed around 180.440. – Ideally is to allow the Asian session to consolidate forming a new range for the new Weekly candle ahead.
by SalimFX20
1
XAUUSD Technical Analysis 08.12.2023 1h chart– Previous Daily candle closed weak Bullish around 2028.700 respecting Daily Support formed on Wednesday. – Buys on close above 2031.400 targeting 4h Resistance around 2037.400, Leaving Runners to the 15min previous Support formed on 4th December 2023. – Sells on close below 2025.200 targeting 4h Support formed around 2020.700, Leaving Runners to the 1h Strong Support formed around 2014.700. – High Impact News ahead of the New York session for the US Dollar, starting with Average Hourly Earnings m/m, Non-Farm Employment Change, Unemployment Rate. Followed by Prelim UoM Consumer Sentiment and Prelim UoM Inflation Expectations, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 08.12.2023 1h chart– Previous Daily candle closed extremely Bearish around 181.390 tapping into a Strong Weekly Support held over the last 6 months. – Buys on close above 181.700 targeting 1h Resistance around 182.370, Leaving Runners to the 30min Resistance at 183.340. – Sells on close below 180.490 targeting 4h Support around 179.870, Leaving Runners to the 30min previous Resistance formed on 28th July 2023 around 179.120. – As price dropped by over 640 Pip down on Thursday there is a chance that the Friday Daily candle range and form weak Support as price reacts to the Weekly Strong Support tapped on Thursday.
by SalimFX20
XAUUSD Technical Analysis 06.12.2023 1h chart– Previous Daily candle closed Bearish around 2019.300 as price corrects part of the huge Bullish move we’ve had from the recent Daily timeframe. – Buys on close above 2022.400 targeting 4h Resistance around 2029.700, Leaving Runners to the previous Daily Support formed on 1st December 2023 around 2036.000. – Sells on close below 2011.400 targeting 1h previous strong Resistance formed on 12th November 2023 around 2004.000, Leaving Runners to the previous Daily Resistance formed on 22nd November 2023 around 1998.600. – High Impact News ahead of the New York session for the US Dollar, ADP Non-Farm Employment Change forecasting 131k previously was 113k, High Volatility expected.
OANDA:XAUUSD
by SalimFX20
GBPJPY Technical Analysis 06.12.2023 1h chart– Previous Daily candle closed Bearish around 185.280 below Daily Support formed on 21st November 2023. – Buys on close above 186.120 targeting 1h Resistance formed around 186.660, Leaving Runners to the Daily Resistance formed around 187.040. – Sells on close below 185.060 targeting 4h Support formed around 184.600, Leaving Runners to the previous Daily Resistance formed on 23rd November 2023 around 184.210. – Medium Impact News ahead of the London session for the Pound Sterling for Construction PMI, Bank Of England Governor Andrew Bailey due to hold a press conference about the Financial Stability Report in London.
by SalimFX20
XAUUSD Technical Analysis 05.12.2023 1h chart– Previous Daily candle closed strong Bearish around 2029.000 forming Daily Resistance around 2072.200 and leaving a Huge Rejection wick to the upside as price creates new Historical High at 2149.500. – Buys on close above 2032.500 targeting 4h previous Support formed around 2037.700, Leaving Runners to the 30min previous Support formed around 2045.500. – Sells on close below 2022.500 targeting 4h Support formed around 2015.200, Leaving Runners to the 4h Support formed around 2009.400. – High Impact News ahead of the New York session for the US Dollar, ISM Services PMI and JOLTS Job Openings, High Volatility expected.
OANDA:XAUUSD
by SalimFX20