XAUUSD Technical Analysis 26.07.2023 1h chart

– Previous Daily candle closed strong Bullish at 1964.800 forming Daily Support at 1954.500 as price respects the Daily Support formed last Tuesday the 18th July 2023.
– Buys on close above 1967.600 targeting 4h Resistance at 1973.400, Leaving Runners to the Daily Resistance formed at 1978.900.
– Sells on close below 1961.300 targeting 1h Support formed at 1956.700, Leaving Runners to the 30min Support formed at 1953.500.
– High Impact News ahead of New York session for US Dollar to review the interest rate, We have FOMC Statement, Federal Funds Rate followed by the FOMC Press Conference, High Volatility expected.