XAUUSD Technical Analysis 30.11.2022 1h chart

– Previous Daily candle closed Bullish at 1749.600 forming Daily Support at 1741.800 as Tuesday Daily candle tried to break above Daily Resistance formed on Friday 25th November 2022.
– Buys on close above 1757.500 as price break and close above 1h Strong Resistance targeting 1h Resistance at 1761.500, Leaving Runners to the 1h Strong Support formed at 1765.600.
– Sells on close below 1747.000 as price breaks below 4h Rejection wick targeting 4h Support at 1741.700, Leaving Runners to the 4h Strong Support at 1736.500.
– Overall Price is still ranging on the Daily timeframe as we have NFP this week, Strong confirmation is needed before taking positions.