XAUUSD Technical Analysis 20.03.2023 1h chart

– Previous Weekly candle closed strong Bullish at 1988.300 tapping into Weekly Resistance formed on 14th March 2022.
– Buys on close above 1990.200 targeting Daily Resistance formed on 11th March 2022 at 1998.200, Leaving Runners to the 4h Resistance formed on 11th March 2022 at 2006.000.
– Sells on close below 1976.200 targeting 1h previous Resistance at 1964.200, Leaving Runners to the previous Daily Resistance formed on 2nd February 2023 at 1952.000.
– For Buys ideally is to wait for price to pullback and form a decent Support and wait for a solid confirmation.