XAUUSD Technical Analysis 14.09.2022 1h chart
– Previous Daily candle closed Strong Bearish at 1702.400 forming Daily Resistance at 1724.800.
– Buys on close above 1707.700 as price breaks above the 1h Resistance targeting 4h previous Support formed on (12.09.2022) at 1713.000 leaving Runners to 1h previous Support formed on (13.09.2022) at 1720.500.
– Sells on close below 1697.300 on the break of the previous Daily candle low targeting 30min Support at 1692.300 leaving Runners to 4h Support at 1685.000.
– We have a Strong Data Report for the US Economy, PPI m/m, and core PPI m/m, News is to be released 30min after New York Session Opens.
– Previous Daily candle closed Strong Bearish at 1702.400 forming Daily Resistance at 1724.800.
– Buys on close above 1707.700 as price breaks above the 1h Resistance targeting 4h previous Support formed on (12.09.2022) at 1713.000 leaving Runners to 1h previous Support formed on (13.09.2022) at 1720.500.
– Sells on close below 1697.300 on the break of the previous Daily candle low targeting 30min Support at 1692.300 leaving Runners to 4h Support at 1685.000.
– We have a Strong Data Report for the US Economy, PPI m/m, and core PPI m/m, News is to be released 30min after New York Session Opens.