XAUUSD Technical Analysis 01.08.2023 1h chart

– Previous Daily candle closed Bullish at 1965.600 respecting Daily Support formed on Friday last week and retesting the Daily Resistance formed on Thursday last week aswell.
– Buys on close above 1971.700 targeting Daily Resistance formed on 19th July 2023 at 1979.000, Leaving Runners to the 4h Resistance formed at 1984.700.
– Sells on close below 1963.000 targeting 30min Support formed at 1959.000, Leaving Runners to the 4h Support formed at 1953.500.
– High Impact News ahead of the New York session for the US Dollar, starting with ISM Manufacturing PMI and ISM Manufacturing Prices followed by JOLTS Job Openings, High Volatility expected .