XAUUSD Technical Analysis 30.05.2023 1h chart

– Previous Daily candle closed Bearish at 1943.200 forming a Minor Resistance around 1946.600 as price has being ranging on the Monday trading sessions due to US Bank Holiday.
– Buys on close above 1949.000 targeting 4h Resistance at 1954.200, Leaving Runners to the next 4h Resistance at 1961.300.
– Sells on close below 1940.200 targeting 30min Support at 1935.000, Leaving Runners to the Weekly previous Resistance formed on 30th January 2023 at 1928.400.
– High Impact News ahead CB Consumer Confidence during the New York Stock Exchange session.