XAUUSD Technical Analysis 30.12.2022 1h chart

– Previous Daily candle closed Bullish at 1815.100 forming minor Support on the Daily at 1804.200, Overall Daily timeframe is in a Consolidation Zone respecting Daily Resistance that was formed on Wednesday 21st December 2022 at 1818.000
– Buys on close above 1819.500 targeting 1h Resistance at 1824.800, Leaving Runners to the 4h Resistance at 1831.200.
– Sells on close below 1812.200 targeting 4h Support at 1808.700, Leaving Runners to the Daily Support formed yesterday (Thursday) at 1804.300.
– 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 accordingly.