XAUUSD Technical Analysis 01.11.2022 1h chart

– Previous Daily candle closed Bearish at 1633.400 as the overall market structure for Monday has been in a choppy bearish trend.
– Buys on close above 1645.700 on the  break of the previous Daily High targeting 30min Resistance at 1651.600, Leaving Runners to the Weekly Resistance at 1658.000.
– Sells on close below 1632.000 on the break of the previous Daily Low targeting 1h previous Resistance formed on 21st October 2022 at 1625.700, Leaving Runners to the 4h Support at 1620.700.
– The No Trade Zone is much larger than i anticipated when I was breaking down the chart and surely there are trades that could be taken within the zone that i identified as a No Trade Zone but the Price Action is very choppy and messy so ideally is to wait for clean moves above the zone or below , Also a new Monthly candle have just started so it is ideal to allow some clean Price Action to form to then have a much better trading zones.