XAUUSD Technical Analysis 28.07.2023 1h chart

– Previous Daily candle closed strong Bearish at 1945.100 forming strong Daily Resistance at 1972.200.
– Buys on close above 1950.000 targeting Daily previous Support formed on 25th July 2023 at 1954.700, Leaving Runners to the 4h previous Support formed on 25th July 2023 at 1959.400.
– Sells on close below 1942.900 targeting 4h previous Resistance formed on 12th July 2023 at 1938.900, Leaving Runners to the 4h Support formed at 1934.600.
– High Impact News ahead for the US Dollar during the New York session, starting with Core Price Index m/m and Employment Cost index q/q followed by Revised UoM Consumer Sentiment.