XAUUSD Technical Analysis 29.06.2022 1h chart

– Previous Daily candle closed Bearish at 1819 below the previous Daily bottom wicks with a Rejection wick from the most recent Daily Resistance around 1828.
– Buys on close above 1822.000 targeting 4h Resistance at 1826.600 leaving Runners to 15min Resistance at around 1829.600.
– Sells on close below 1818.500 targeting 1h Support formed on (15.06.2022) at around 1814.600 leaving Runners to Daily Support / 4h Support at 1808.600.
– for the third time in a row price is still holding this Major Support around 1820 -1818, the way the previous Daily candle has closed Bearish below Daily wicks on the left is giving a clear Direction to where price could possibly go as long as the Highs are respected and enough Volume provided during the Sessions.
– FOMC Member Mester is due to participate in a panel discussion titled “The role of inflation expectation in monetary policymaking” at the European Central Bank (ECB) Forum on Central Banking in Portugal at Pre NY,  We have Final GDP q/q then Fed Chair Powell due to participate in a panel discussion titled “Policy panel” at the European Central Bank Forum on Central Banking in Portugal.