XAUUSD Technical Analysis 27.12.2022 1h chart

– Previous Daily candle closed small Bullish candle at 1798.400 forming Daily Support at 1792.600. also the Weekly candle closed Doji Bullish within the Weekly Resistance formed on 5th December 2022.
– Buys on close above 1801.000 targeting 4h Previous Support formed on 20th December 2022 at 1805.700, Leaving Runners to the 1h Previous Support formed on 21st December at 1812.700.
– Sells on close below 1792.000 targeting 1h Support at 1785.700, Leaving Runners to the 30min Support at 1782.000.
– Low volume is expected within this week (Last trading week for 2022) so preferably not to take or force any trades and if you do, Make sure to manage risk, Analysis will be posted everyday as always to give traders a guide on where price could possibly go.