XAUUSD Technical Analysis 31.05.2023 1h chart

– Previous Daily candle closed strong Bullish at 1959.600 forming new Daily Support around 1943.200, Price have also retested the Monthly Key Level around 1930s.
– Buys on close above 1963.000 targeting Weekly previous Support formed on 3rd April 2023 at 1969.300, Leaving Runners to the Daily Resistance formed on 24th May 2023 at 1975.300.
– Sells on close below 1957.100 targeting 4h Support at 1952.800, Leaving Runners to the 4h previous Resistance formed around 1947.200.
– High Impact News ahead for the New York session starting with JOLTS Job Openings, FOMC Member Harker due to participate in a fireside chat about global macroeconomy and monetary conditions at an event hosted by the Official Monetary and Financial Institutions Forum in Philadelphia after London Close.