XAUUSD Technical Analysis 26.08.2022 1h chart

– Previous Daily candle closed  Bullish at 1758.400  below the previous Daily Support formed on (03.08.2022) forming 4h Resistance on Thursday Pre New York Open.
– Buys on close above 1760.000 on the break above the 1h Resistance targeting 30min Resistance at 1764.200 leaving Runners to 1h Resistance at 1770.500.
– Sells on close below 1753.400 as price close below 1h Support formed during New York Stock Exchange Session targeting 1h Support at 1749.700 leaving Runners to 4h Strong Support at 1745.800.
– We have Core PCE Price Index m/m 30min after New York Session open Forecasted at: 0.2% / Previous: 0.6%, We also have Fed Chair Powell due to speak about the economic outlook at the Jackson Hole Economic Policy Symposium in Wyoming.